8Layers Raises $2.9 Million for Identity Security Platform
Summary
Spanish startup 8Layers has secured $2.9 million in an extended pre-seed funding round for its digital identity protection platform. The company launched its platform two months prior to announcing the funding.
IFF Assessment
FRIEND
Funding for identity security platforms generally indicates advancements in defending against identity-based threats and fraud.
Defender Context
This funding indicates growth and innovation in the identity security space. Defenders should be aware of new tools and solutions emerging in this area to protect against identity theft, credential stuffing, and account takeovers.