AuthMind Secures $19.3M to Enhance Identity Protection

AuthMind Inc. has announced a $19.3 million seed funding round led by Cheyenne Ventures, with participation from several other investors including Black Opal Ventures and IBM. This funding aims to advance AuthMind's observability-driven identity protection platform, which safeguards human, non-human, and agentic AI identities across enterprise environments. announced in a press release.

AuthMind's platform addresses the growing risks associated with fragmented identity infrastructures in modern enterprises, which are exacerbated by the rise of shadow IT and AI. The company's observability-based approach provides real-time identity security posture management and threat detection across multi-cloud, hybrid, and on-premises environments.

The new funding will accelerate AuthMind's go-to-market operations and product innovations, enhancing its ability to protect enterprises against evolving identity-based threats. The platform is designed to deploy quickly across enterprise environments, enabling security teams to manage identity threats effectively.