Orchid Security Blooms with $36M Seed Round: Betting Big on AI for Identity Management Woes
Orchid Security, a New York startup, raised $36 million in an unusually large seed round. With ambitious plans, they’re using LLMs to simplify identity and access management for enterprises grappling with a chaotic mix of 1,200 applications. It’s like spring cleaning, but for your digital identity mess!
Hot Take:
Orchid Security is blooming in the tech world with a seed round that could grow a whole forest! A $36 million seed? Someone’s got a green thumb for identity-first security orchestration. And with Team8 and Intel Capital watering them, this startup is ready to blossom into a giant, tackling the wild jungle of fragmented identity systems using the power of LLMs. Move over, mighty oaks; there’s a new shrub in town!
Key Points:
- Orchid Security raised $36 million in a seed round co-led by Team8 and Intel Capital.
- The startup aims to simplify identity and access management (IAM) for enterprises with complex ecosystems.
- Orchid Security uses large language models (LLMs) to automate application discovery and evaluate authentication flows.
- The technology promises faster onboarding and reduced professional services costs by eliminating manual code access.
- Orchid Security is partnering with Fortune 500 companies like Costco and Repsol.
Already a member? Log in here