The Venture Codex Logo

The Venture Codex

Elisity

6203 San Ignacio Ave Suite #110, San Jose, CA, 95119, United States

Overview

Elisity provides an identity-based microsegmentation platform that centralizes security policy management via its IdentityGraph to enable granular control over users, devices and workloads. The company’s agentless approach abstracts segmentation from network operations, allowing networking teams to preserve performance while security teams enforce fine-grained controls. Elisity is extending its platform’s artificial intelligence capabilities to better leverage device identity data to anticipate and pre-empt emerging cyber threats. Its technology is positioned for use across healthcare, critical infrastructure and manufacturing, addressing regulatory needs, ransomware containment and legacy OT devices that cannot run agents. Customers in healthcare and industrial environments report rapid deployments and improved incident containment, and the product is promoted as a key component for zero trust initiatives. Financially, Elisity has raised new growth capital through a $37M Series B and has taken total funding to more than $72M. Elisity builds Cognitive Trust, a cloud-delivered platform that uses AI-driven behavioral intelligence to deliver identity- and context-based zero trust across enterprise, cloud, IoT and OT assets. The platform analyzes the unique identity and context of people, apps and devices and continuously assesses risk to automatically optimize access, connectivity and protection policies. Elisity says it can onboard a new customer in as little as 45 minutes and expand across cloud and on-prem footprints without ripping and replacing existing identity providers or network infrastructure. The company intends to use the new funding to scale engineering, sales and marketing to meet growing enterprise demand driven by hybrid and work-from-anywhere models. Founded in 2018 and based in California, Elisity employs around 30 staff. Its competitors include Vectra AI and Lastline; the company currently has no women in its leadership team or on its board. Elisity develops AI-powered policy and identity-based access solutions that authorize users, devices, and applications before they can communicate with enterprise resources. Its platform delivers zero-trust networking and software-defined access to secure enterprise assets and data. The company serves enterprises across industries including manufacturing, pharmaceuticals, financial services, and healthcare. Founded in 2018 and led by CEO Burjiz Pithawala, Elisity is headquartered in San Jose, California. It intends to use the seed funding to scale its engineering, sales, and marketing teams.

Total raised
$71M
Funding rounds
3
Latest round
Series B
Latest activity
Apr 2024

Industries

  • Artificial Intelligence (AI)
  • Cyber Security
  • Information Technology
  • Network Security
  • Software
Visit website

Recent funding

  1. Series B

    Apr 2024

    $37M

  2. Series A

    Jun 2021

    $26M

  3. Seed

    Aug 2020

    $8M

Team

  • James Winebrenner

    Chief Executive Officer

    LinkedIn
  • Srinivas Sardar

    Co-Founder & VP Engineering

    LinkedIn
  • Sundher Narayan

    Co-Founder & CTO

    LinkedIn
  • Burjiz Pithawala

    Founder & Chief Product Officer

    LinkedIn