Venice Security Emerges From Stealth With $33M Funding for Privileged Access Management
Summary
Venice Security, formerly Valkyrie, emerges from stealth mode with $33 million in funding, including a $25 million Series A round. The company focuses on privileged access management (PAM) solutions.
IFF Assessment
FRIEND
Increased investment in PAM can lead to improved security posture and better protection against insider threats and external attacks.
Defender Context
Privileged access management is crucial for limiting the blast radius of breaches and ensuring proper authorization. Defenders should evaluate and implement PAM solutions to reduce the risk of credential compromise and lateral movement. Funding for PAM vendors suggests a growing awareness of this critical security control.