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Venture Capital News: Entro Security Inks $18M Series A Round

2024-06-24
BOSTON, MA, Entro Security, a pioneer of Non-Human Identity (NHI) security and the developer of an award-winning NHI and Secrets Management platform, has closed an $18 million Series A round.
The round was led by Dell Technologies Capital with the participation of seed investors Hyperwise Ventures and StageOne Ventures, as well as angel investors such as Rakesh Loonkar and Mickey Boodaei. Entro will use the financing to scale global operations and meet the strong demand for its platform across key industries. Entro has raised $24 million since exiting stealth in May 2023.

An award-winning pioneer platform, Entro Security provides Non-Human Identity Lifecycle Management, Secrets Security and Non-Human Identity Detection and Response. Unlike traditional methods that reactively scan for exposed secrets, Entro integrates seamlessly within an organization's existing vaults, and secret creation and exposure locations, offering a single pane of glass to securely use and manage non-human identities and secrets at scale. Headquartered in Boston and backed by top cybersecurity VCs, Entro was named a Cool Vendor by Gartner, Venafi's Most Promising Machine Identity startup and is a 2023 Globee Awards Winner for Startup Achievement of the Year.
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