Israeli cybersecurity company Clutch Security has secured $20 million in a Series A funding round led by SignalFire, with participation from existing investors Lightspeed Venture Partners and Merlin Ventures. This brings the company’s total funding to $28.5 million.
Read also – Israel-based Oligo Security Raises $50Mn in Series B Funding
The funding comes about a year after Clutch started developing its platform. The funds will help Clutch expand its market footprint, engage in R&D, and grow its workforce. Non-human is any digital identity within a computing system not associated with a person, such as API keys, tokens, and service accounts.
Read also – Israel-based Finout Secures $40Mn in Series C Funding Round
While traditional security systems have historically concentrated on human identities, non-human identities have emerged as prominent targets for attackers due to their rapid proliferation, broad permissions, and lack of specialized security controls.
“There is no founder who has worked in the field and hasn’t seen how attackers target employees,” Ofir Har-Chen told. “We come from the industry and know exactly how to deal with these threats. We currently have 30 employees and expect to grow to around 40 by the end of the year.”
“Securing non-human identities is no longer optional in corporate cybersecurity strategies—it is a critical component that protects an organization’s digital backbone,” added Shay Michel, managing partner at Merlin Ventures.
About Clutch Security
Clutch Security was founded in late 2023 by Ofir Har-Chen (CEO), Sagi Haas (CTO) and Tal Kimhi (VP of R&D). Clutch is addressing the growing difficulty of non-human identity security in modern companies. Its solution is to strengthen organizations’ digital backbones, ensuring a secure, resilient, and trustworthy operating environment.
