Israel-based Startup Clutch Security Secured $8.5M Investment in Seed Funding

Seed Funding
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Israeli startup Clutch Security has introduced its Universal Non-Human Identity (NHI) Security platform and secured $8.5 million in Seed funding led by Lightspeed Venture Partners. The funding round also saw participation from Merlin Ventures, CCL (Cyber Club London), and notable industry figures and angel investors, including Nir Polak, co-founder of Exabeam; Shlomo Kramer, co-founder of Check Point, Imperva, and Cato Networks; and Armon Dadgar, co-founder and CTO of HashiCorp. 

Founded in late 2023 by Ofir Har-Chen (CEO), former COO at Hunters and cybersecurity expert at Sygnia; Sagi Haas (CTO); and Tal Kimhi (VP of R&D), Clutch operates out of its Tel Aviv offices with a team of 20 employees. 

Clutch aims to provide comprehensive NHI security while addressing gaps across the entire organizational landscape without disrupting business operations. With the proliferation of NHIs—such as API keys, secrets, tokens, and service accounts—spanning cloud services, SaaS, on-premises systems, vaults, code repositories, CI/CD pipelines, and data warehouses, managing and securing these identities poses significant challenges. 

The rapid expansion of AI in enterprises, which automates tasks and requires numerous NHIs to interact with various systems, has exacerbated this issue. As AI adoption grows, the number of NHIs increases, creating a 1:45 human-to-NHI ratio. Clutch’s platform offers security teams complete visibility into all types of NHIs across their organization. It helps in risk identification and prioritization based on severity and business impact, and provides customized remediation playbooks to effectively address identified risks

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