Apono, a leader in cloud access security, has secured $15.5 million in Series A funding, led by New Era Capital Partners, with participation from Mindset Ventures, Redseed Ventures, and Silvertech Ventures. This brings Apono’s total funding to $20.5 million, reflecting strong investor confidence in the company’s AI-driven identity security solutions.
Apono’s platform provides cloud access governance with a focus on AI-powered least privilege and anomaly detection, ensuring robust security in distributed cloud environments. The new funding will accelerate product development, expand Apono’s U.S. sales and marketing teams, and enhance customer support services, following a 300% revenue increase over the last three quarters.
CEO Rom Carmel stated, “This investment will enable us to continue delivering innovative identity and access security solutions to meet the evolving needs of modern enterprises.” Apono plans to launch new AI-based access management offerings and expand enterprise support.
New Era Capital Partners’ Ziv Conen praised Apono’s ability to address critical cloud security challenges, while Arthur Goren of Hewlett Packard Enterprise highlighted the platform’s seamless integration and ability to maintain a secure, least-privilege cloud environment.
Apono is poised to redefine cloud identity security, helping organizations ensure secure and efficient operations amid increasing cloud adoption.
