Linx Security raises

Linx Security, a New York City-based startup specializing in identity security and governance, has emerged from stealth mode with $33 million in funding, primarily led by Index Ventures and Cyberstarts. Founded in 2023 by cybersecurity veterans Israel Duanis and Niv Goldenberg, the company aims to address the growing challenges of identity-related breaches by mapping user relationships, access rights, and employing advanced analytics. The funding will be used to expand operations and enhance product development, focusing on automating identity management to improve compliance and reduce security risks. Duanis emphasized the urgency of tackling identity security in today's fast-paced environment, stating that their platform empowers organizations to manage these complexities confidently. Linx's technology aims to close the gaps left by traditional identity security tools, making it a critical player in the cybersecurity landscape. This significant investment highlights the increasing importance of effective identity management amid rising security threats.