Permiso Raises $18M Series A

Permiso, a Palo Alto, CA-based threat detection company, raised $18M in Series A funding

The round was led by Altimeter Capital with participation from Point72 Ventures.

Prior to this, they raised a $10M seed funding round from Point72 Ventures, Foundation Capital, 11.2 Capital, WorkBench Capital, and prominent angel investors from the security community.

The company intends to use the funds to expand operations and development efforts.

Permiso is a threat detection company that uses human non-human identity attribution to pair runtime and static data in cloud and SaaS into complete sessions where detections no longer have to rely on single events and no context. By analyzing human and non-human identity entitlements and behavior across authentication boundaries, Permiso gives companies a complete picture of every entity operating in and across their cloud environments and does not allow threat actors to hide in silos of overwhelming cloud activity data.

Permiso creates a composite, ‘meta’ identity to unify the disparate human and non-human identities within an enterprise and synthesize their runtime activity across the cloud’s attack surface. By providing multi-plane coverage across the layers of cloud environments, the company constructs user sessions from disparate runtime events that provides security teams high fidelity alerts with immediate attribution and context.