Hydden, a pioneering force in identity visibility, has successfully secured $4.4 million in seed funding to empower security teams with unparalleled insights into their identity attack surface. The investment round was spearheaded by Access Venture Partners, alongside notable contributors such as Lockstep, the venture fund of esteemed CISOs Rinki Sethi and Lucas Moody, and various cybersecurity angel investors, including Andy Grolnick and Paul Trulove.
Founded by a distinguished team of identity security veterans, Hydden’s innovative platform is designed to grant security leaders comprehensive visibility into every identity, account, and privilege within hybrid infrastructures. By integrating with existing Identity and Access Management (IAM) tools, cloud applications, and on-premises systems, Hydden crafts a real-time source of truth that revolutionizes the identity ecosystem. Their continuous discovery engine identifies, classifies, and alerts users to identity-related risks, enabling rapid investigation and response.
“Hydden is redefining identity security by delivering the comprehensive visibility, intelligent threat detection, and automation that today’s security leaders need to stay ahead of evolving cyber threats,” stated Jai Dargan, CEO and Co-Founder of Hydden. “As organizations navigate the exponential growth of both human and non-human identities, security blind spots are multiplying. Legacy IAM solutions, built for different challenges, fall short in addressing the complexities of today’s hybrid environments. Hydden bridges this crucial gap, empowering teams to enhance identity hygiene and significantly reduce their attack surface without disrupting existing infrastructure investments.”
Despite substantial investments in identity management and security over the past decade, identity-based attacks remain alarmingly prevalent. According to the Identity Defined Security Alliance (IDSA), a staggering 90% of organizations reported experiencing at least one identity-related incident last year. Factors contributing to this risk include over-privileged users, backdoor accounts, and poorly configured multi-factor authentication systems. Fragmented IAM technologies and siloed processes further complicate efforts to assess and mitigate identity risks.
“Modern IT environments are diverse, incorporating an array of cloud applications, on-prem systems, user directories, and various IAM solutions,” noted Lucas Moody, CISO of Alteryx and General Partner at Lockstep. “The deployment of IAM tools in silos, combined with interoperability constraints, limits identity security maturity. Hydden’s continuous discovery and threat detection engine fills many gaps left by existing IAM tools, providing the essential interoperability that security teams need.”
Rinki Sethi, CISO of Bill.com and General Partner at Lockstep, echoed this sentiment, emphasizing the critical nature of identity and account sprawl as a cybersecurity challenge. “Hydden’s platform delivers immediate visibility into every identity and account while effectively identifying threats. We are excited to partner with Jai and the Hydden team as they tackle urgent cybersecurity challenges faced by organizations of all sizes.”
Hydden’s platform is tailored for identity leaders seeking a streamlined approach to managing their identity attack surface across hybrid IT environments. By uncovering critical issues hidden within the vast data generated by identity tools, Hydden stands out as a game-changer in the cybersecurity landscape.
Editorial Opinion
The potential impact of Hydden’s innovative platform on the cybersecurity industry cannot be overstated. As organizations increasingly grapple with identity-related vulnerabilities, the need for holistic and integrated security solutions becomes paramount. Hydden’s approach not only addresses current deficiencies in identity management but also sets a precedent for future developments in the field. By focusing on interoperability and real-time visibility, Hydden is positioning itself as a leader in identity security—a sector that is crucial for protecting sensitive data in today’s complex digital landscape.
Moreover, the caliber of investors backing Hydden, including industry veterans and thought leaders, underscores the platform’s promise and the confidence placed in its vision. With its dedicated team of experts, Hydden is poised to significantly enhance identity security practices, allowing organizations to fortify their defenses against an ever-evolving threat landscape.
For more information and to request early access to Hydden, please visit Hydden.com.
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