Apono, an identity-security startup that helps remove always-on cloud permissions, has raised $34 million in a Series B round led by U.S. Venture Partners (USVP). This brings the company’s total funding to over $54 million.
The funding comes at a time when companies are dealing with a fast increase in both human and machine identities, along with growing pressure to secure access that constantly changes across cloud systems.
The company, founded in 2022 by Rom Carmel (CEO) and Ofir Stein (CTO), says its number of customers has grown four times larger in the past year.
Apono’s technology removes long-term access rights, which are a major weakness in identity and access management. Instead of giving permanent permissions, the platform grants and removes access in real time, based on live signals and business rules.
This method, called Zero Standing Privilege (ZSP), helps organizations manage large and complex cloud systems without slowing down developers or daily operations.
“The large-scale adoption of AI agents exponentially scales the problem of getting access right,” said Rom Carmel, Apono’s co-founder and CEO. “Achieving ZSP with a dynamic access management approach is the only sustainable way to secure agentic operations at scale.”
Apono works with companies like Intel, Hewlett Packard Enterprise, and Monday.com, which use its platform to secure their hybrid and multi-cloud systems, stay compliant, and respond to incidents more effectively.
Apono will use the new funding to grow its U.S. operations, expand into more international markets, and speed up work on its AI-based access intelligence and automated policy-generation technology.
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