Pathlock, formerly
Greenlight Technologies, announced the closing of a strategic growth investment by Vertica
Capital Partners. The funding will be used to accelerate product
development for Pathlock's automated application governance solution and extend
their intelligent insider threat prevention capabilities. Additionally, several
notable security and infrastructure software veterans will be joining the
Pathlock leadership team and board.
"We've seen customers
embrace identity and access as the foundation of security, having helped build
leading companies such as Thycotic and BeyondTrust. Pathlock has an
unparalleled breadth of capabilities unlike any company we've seen," said
Philip Vorobeychik, Managing Director, Vertica Capital Partners.
Pathlock's unified
solutions provide 360-degree application protection, while reducing the need
for disparate tools attempting to solve pieces of the application governance
challenge. Pathlock's platform unlocks Zero Trust through the following
features:
- Unparalleled
intelligence:
Deep integration into application to not only provision access and
highlight potential risks, but also monitor activity and prevent threats
before they happen.
- Comprehensive
protection: Secure
over 140+ of the most popular on-premise and cloud applications including
SAP, Oracle, Salesforce, NetSuite, and Workday.
- Real-time
prevention: Always
on policy enforcement that automatically protects your critical data
around the clock and keeps you compliant, even when nobody is watching.
"We firmly believe Zero
Trust further accelerates the need to secure critical applications and
infrastructure. Pathlock has a unique vision for the future of access
orchestration and we are thrilled to be Pathlock's strategic growth partner,"
said Vitaly Vorobeychik, Managing Director, Vertica Capital Partners.
In conjunction with
securing this new funding, the company is rebranding from Greenlight
Technologies to Pathlock. The new brand aligns to the company's focus on the
emerging market opportunity for access orchestration. With Pathlock's unique
ability to combine access, activity, and data across enterprise applications,
customers benefit from a unified access orchestration solution, providing:
- Out-of-the-box
compliance with industry standard frameworks like SOX, GDPR, and CCPA
- Real-time
alerts of potential data loss events in critical business applications
- Intelligent
prevention and remediation of suspicious activities and sessions
- Automated
pruning of unused access and zombie accounts to enforce Least Privileged
Access
"As digital
transformation is driving change, enterprises are rapidly adopting new
applications, moving to the cloud, and increasing their automation efforts.
These digital activities are often happening in the shadow of IT, making them
harder to manage and control," said Anand Adya, Founder and CEO, Pathlock. "Our
increased focus on Zero Trust will help modern enterprises conquer insider
threats through a unified platform. We look forward to saving our customers
time and money, while helping them pass their audits with flying colors."