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Acsense Raises $5M for IAM Resilience Solution

Proactive Strategies for Managing Cloud IAM

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Brendon Rod

Chief Evangelist

Closing The BC/DR Gap In Identity And Access Management

In today’s digital age, organizations rely heavily on Identity and Access Management (IAM) solutions to secure access to critical SaaS applications.

However, the increase in data breaches, human error, and insider threats has highlighted the gap in IAM that exists between disaster recovery and business continuity. Recognizing this gap, Acsense has developed an enterprise IAM Resilience platform that helps organizations maintain secure access to critical SaaS applications following any cyberattack or misconfiguration. Acsense, which was founded in 2020 by Dell EMC veterans, recently announced that it has raised $5 million in seed funding.

The funding round was led by Joule Ventures, a US-based partner-only seed fund, and included participation from Gefen Capital, Fusion, and independent investors. 

The funding will be used to expand the acsense platform to other IAM vendors and to accelerate new market expansion and hiring. According to IDC, 83% of companies encountered an access-related breach in 2021.
However, most Identity Access Management systems do not provide out-of-the-box backup and disaster recovery features or options.

The Acsense platform is designed to make IAM systems secure and resilient, with features such as:

  • Seamless backup and recovery
  • Fail-over to a secondary tenant
  • Identify and investigate changes between different Points-in- Time

The Acsense platform also provides an air-gapped, reliable architecture.

This enables organizations to protect their data assets and ensure business continuity, even in the face of sophisticated attacks. 

“Acsense’s continuous access and business continuity solution for Okta is changing how organizations think about disaster planning and recovery,” said Brian Rosenzweig, co-founder and partner at Joule Ventures. “With technology built to harden systems, mitigate downtime, and reduce costs, we’re extremely bullish on Acsense’s potential to break into the mainstream cybersecurity market and become an essential solution for organizations of all sizes.”


Earlier this year, Acsense was also recognized as a Gartner Cool Vendor in Identity-First Security. 

This recognition is a testament to the innovative and effective solution that acsense has developed to address the gap in IAM that exists between disaster recovery and business continuity. At Acsense, we are committed to eliminating IAM as a single point of failure, mitigating threats such as ransomware, insider attacks and human error.

Our platform is designed to make your IAM system resilient, with features such as one-click recovery, constant verification of backed-up data, periodic testing for keeping the backup up-to-date, and the ability to identify changes and restore between different PiTs (Points-in-Time).

We understand that the threat landscape is constantly evolving, and we are dedicated to ensuring that every IAM solution has optimal accessibility, maximum uptime, and next-level operational efficiency.

With the support of our investors, we are confident that we can accelerate our journey to ensure organizations have the secure access to critical SaaS applications they need for access and business continuity.

More coverage regarding the funding round can be found on VentureBeat and SiliconANGLE 

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P.S

 

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