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Home Science & Technology Startup Nation Tech Bits

Infinipoint announces first DIaaS, $11M in funding

by  Noga Martin/ILH Startup Editor
Published on  07-27-2021 18:48
Last modified: 07-27-2021 18:48
Infinipoint announces first DIaaS, $11M in fundingInfinipoint.io
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Infinipoint announced on Tuesday the first Device-Identity-as-a-Service (DIaaS), its comprehensive device identity and security posture solution that is a critical part of a Zero Trust approach to secure device access.

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Infinipoint is pioneering the DIaaS security category and is the only solution that provides Single Sign-On (SSO) authorization integrated with risk-based policies and one-click remediation for non-compliant and vulnerable devices. This reduces risk by protecting access to an organization's data and services while transforming devices to support world-class security posture. Infinipoint is able to do all this in a productive way that maintains business continuity with no disruption to the workforce. Infinipoint acts as a single enforcement point for all major identity providers including ForgeRock, Okta, Ping Identity, and Azure Active Directory, as well as business services such as Salesforce, Google Workspace, Office 365 and AWS.

Infinipoint also announced $11 million in funding from JAL Ventures, Emerge, and Hetz Ventures. Strategic investors and advisors include Ron Myers, former SVP of global channels for Palo Alto Networks; Pradeep Aswani, serial entrepreneur, US distribution and channel veteran and cybersecurity investor; Issy Ben-Shaul, serial entrepreneur, cloud technologies expert, and Director of Engineering at Google; and Ravi Ithal, founder of Netskope and founding engineer of Palo Alto Networks.

"Today, most of the workforce is working from anywhere and accessing remote services, potentially from multiple devices. While the user is authenticated, the network is encrypted, and the SaaS application is secured, the device is often overlooked. As a result, the device has become the weakest link in the organization's IT security. It's no use authenticating users if they are on a vulnerable device as this can open the door for an attacker to access your sensitive data and services," said Ran Lampert, co-founder and CEO of Infinipoint.

Infinipoint co-founders Lampert and Elad Wexler were part of the core team which created the product known today as Cortex XDR – Palo Alto Networks' pillar offering at the endpoint. Recognizing that IT teams did not have complete, accurate, and up-to-date authentication data from devices, the duo were compelled to design and create a purpose-built solution specifically to address this challenge. While other identity and access management vendors have attempted to incorporate this functionality, they have yet to build a device-centric solution that operates with simplicity at the speed and scale necessary to maintain visibility and control over IT assets in modern digital environments.

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