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§ Private Profile · Dallas, TX, USA
Silverfort is a technology company.
Silverfort provides a unified identity protection platform designed to secure all user and machine identities across an organization's entire infrastructure. Its technology extends security controls to systems that traditionally lack modern authentication, including legacy applications, operational technology, and IoT devices. The platform discovers and protects every identity, whether human, machine, or AI-driven, in both cloud and on-premise environments, by unifying security policies across disparate identity silos.
The company was founded in 2016 by Matan Fattal, Yaron Kassner, and Hed Kovetz. Their initial insight was to address the critical gaps in identity security, aiming to extend protection to areas previously unaddressed by conventional solutions. The founders recognized the growing attack surface created by diverse identity types and fragmented security systems, leading them to develop a comprehensive approach.
Silverfort's solution is adopted by enterprises seeking to fortify their defenses against identity-based attacks. The company's vision centers on establishing identity security as the foundation of an organization's overall cybersecurity posture, protecting identities everywhere they exist. This commitment aims to provide universal visibility and control, ensuring robust protection in an increasingly complex digital landscape.
Silverfort has raised $227.0M across 4 funding rounds.
Silverfort has raised $227.0M in total across 4 funding rounds.
Silverfort has raised $227.0M across 4 funding rounds. Most recently, it raised $120.0M Series D in January 2024.
Silverfort has raised $227.0M in total across 4 funding rounds.
Silverfort's investors include Brighton Park Capital, 83North, Acrew Capital, AllegisCyber Capital, Alumni Ventures, Citi Ventures, Earthshot Ventures, Energy Impact Partners, Greenfield Partners, Highland Capital Partners, Insight Partners, MizMaa Ventures.
Silverfort is a cybersecurity company that builds a Unified Identity Protection Platform to secure human, machine, and AI identities across hybrid environments, including on-premises, cloud, legacy systems, and modern apps.[1][2][4][5] It serves over 1,000 enterprise customers globally, such as those in North America, Europe, and EMEA, solving the problem of identity-based attacks by providing real-time monitoring, adaptive multi-factor authentication (MFA), AI-driven risk assessment, and access controls without requiring infrastructure changes.[2][3][4] The platform addresses gaps in existing Identity and Access Management (IAM) solutions, protecting previously unsecured assets like service accounts, non-human identities (NHIs), and Active Directory, while enabling compliance and reducing attack surfaces amid rising ransomware and breaches.[1][3][4][5] With reported revenue of $65M and recognition as Israel's #1 startup to work for two years running and a Zero Trust Champion in Microsoft's 2023 awards, Silverfort demonstrates strong growth momentum in the identity security market.[2][3]
Founded in 2016 in Tel Aviv, Israel, Silverfort was established by CEO and co-founder Hed Kovetz, who identified identity as the "weakest link" in enterprise security due to silos and blind spots in IAM systems.[1][2][5] The idea emerged from a mission to extend identity protection to unprotected areas like legacy apps, IT infrastructure, and machine-to-machine access, fueled by the belief that professionals deserved a unified solution that works everywhere without disrupting business.[4][5] Early traction came from its agentless, seamless integration approach, leading to rapid adoption by enterprises with complex hybrid setups; by recent counts, it serves 500+ such customers and has expanded with U.S. headquarters in Plano, Texas.[2][3][5] Pivotal moments include partnerships like with Brighton Park Capital, which praised its novel solution for filling identity gaps and becoming a foundational platform, alongside recent launches like Access Intelligence and Identity Graph for broader coverage.[3][6]
Silverfort stands out in the crowded identity security field through these key strengths:
Competitors like BeyondTrust and AuthMind offer similar identity tools but lack Silverfort's emphasis on seamless unification across silos without infrastructure overhauls.[1]
Silverfort rides the identity security wave, the fastest-growing cyber threat vector driving most ransomware and breaches, amplified by hybrid cloud adoption, AI proliferation, and exploding non-human identities.[2][3][6] Timing is ideal as enterprises shift to zero trust architectures amid digital transformation, where traditional IAM falls short on legacy and machine identities—Silverfort fills this by enabling secure AI innovation and compliance in regulated sectors.[2][4][5] Market forces like rising cybercrime and AI-influenced attacks favor its proactive, consolidated approach, reducing tool sprawl and operational burden for large organizations.[3][6] It influences the ecosystem by pioneering universal MFA and threat response, partnering with Microsoft, and setting standards for hybrid protection, as seen in customer transformations and awards.[3]
Silverfort is poised for accelerated growth, leveraging its $65M revenue base and recent enhancements like Access Intelligence to dominate unified identity protection amid AI-driven threats and zero trust mandates.[2][6] Expect expansion into more AI and NHI safeguards, deeper channel partnerships, and potential IPO or acquisition as identity remains cybersecurity's core battleground.[3][6] Trends like regulatory pressures and hybrid complexity will amplify its edge, evolving it from gap-filler to indispensable platform—securing identities where others can't, just as it set out to do in 2016.[5]