Anetac, a Silicon Valley startup protecting companies from blind spots of service accounts in hybrid environments, announced its emergence from stealth mode. The company also announced a funding investment totaling $16 million which will bring necessary disruption to the identity and security market by providing an intuitive, rapidly deployable SaaS solution. The streaming solution offers real-time visibility, enabling users to discover, monitor and respond to the large threat surface exploited via service accounts. These threats include but are not limited to large standing privileges, shared use, lack of credential rotation and dormancy of an account.

With this latest round of funding led by Liberty Global and additional funding provided by Shield Capital and GP Ventures, along with Anetac CEO Tim Eades and cybersecurity expert Jason Witty, Anetac will continue to focus on crafting a seamless business experience to elevate its service offerings to cater to security leaders' needs in the modern threat landscape.