Machine identity management company AppViewX raises $20 million

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Machine identity management and application delivery automation provider AppViewX has raised $20 million in a Series B funding round led by Brighton Park Capital, bringing the total invested in the business at $52 million.

Founded in 2015, the New York-based company provides a platform that offers end-to-end public key infrastructure (PKI) automation, digital certificate lifecycle management, SSH key rotation, and code signing management.

A modular software solution, the AppViewX platform supports services such as AWS, Azure, and GCP, and uses machine identity management and network infrastructure orchestration to reduce risk, enforce compliance and eliminate errors.

AppViewX plans to use the new funding to expand go-to-market operations and product development and to enhance its revenue growth strategies.

“To reduce their digital risk, organizations recognize the importance of machine identity management, but there is a lack of mature certificate lifecycle capabilities from outdated manual tools and siled tactics” , said Gregory Webb, CEO of AppViewX.

“AppViewX enables organizations to reduce this growing risk through our automation platform, which facilitates digital transformation through streamlined workflows to prevent outages and reduce security incidents,” added Webb.

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Ionut Argire is an international correspondent for SecurityWeek.

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