Venture Capital News: Resilient Network Systems Inks $1.2M
2017-02-09
SAN FRANCISCO, CA, Resilient Network Systems, the contextual access control company, today announced a Series A extension round totaling $1.2 million.
The round was led by HRK Investments, LLP, following the company's $4 million raised in late 2014. This extension comes on the heels of the company's recent announcement of Resilient Access 3.0, a groundbreaking contextual access solution designed for the connected organization.
'To compete, organizations need to connect and collaborate in more ways than ever, and at an increasing pace,' said Ethan Ayer, CEO of Resilient Network Systems. 'We have rethought traditional identity access management to give our customers scalable solutions for their toughest external sharing problems. With this extension, we will further fund our sales and marketing initiatives in government and healthcare, and enhance our platform partnerships.'
Resilient Access 3.0 extends access capabilities to automatically discover, organize and resolve information or attributes needed to make smarter access decisions at scale and connect organizations by going beyond identity to understand the complete context of any access request. Resilient Access 3.0 includes traditional features like single sign-on and multi-factor authentication, but also incorporates a flexible policy workflow engine that enables organizations to quickly and easily safeguard files, apps, documents and data with their own custom access rules.
'The U.S. government has many missions that depend on information and resources being shared, but with only the right people and under the right conditions,' said Richard Spires, Chairman of the Board at Resilient Network Systems and former CIO of DHS. 'The new administration will continue to invest heavily in innovative approaches to cybersecurity and access management technologies. Resilient is well positioned to continue to demonstrate how its neutral network approach supports meeting these needs.'
About Resilient Network Systems
Resilient Access is a policy-driven contextual access control solution for securely sharing data and connecting organizations. Resilient Network Systems' policy workflow engine discovers, organizes and resolves the information or attributes required to provide the context to make smarter access decisions. Resilient's unique network-based architecture scales quickly to extend an organization's reach across its entire ecosystem. Resilient Network Systems has customers in the U.S. government, law enforcement and healthcare, and is a privately held, venture-backed company based in San Francisco.
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