Israel-based Token Security, a leader in non-human identity security has raised $20 million in Series A funding round led by Notable Capital, with participation from existing investor TLV Partners, and executives from cybersecurity companies like Palo Alto Networks, CrowdStrike, Check Point, and Venafi.
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The round comes just eight months after the company emerged from stealth, bringing total funding to $27 million.
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Recent cyberattacks reveal a dangerous new trend: hackers are bypassing traditional security by targeting the automated systems that keep modern enterprises running. When state-sponsored attackers breached Microsoft and Cloudflare in early 2024, rather than going after employee passwords and accounts, the attackers compromised machine credentials instead. These machine identities — from cloud service credentials to automated system accounts — are multiplying rapidly as organizations embrace modern cloud architectures and as AI agents become a part of the daily workforce. A typical enterprise now has orders of magnitude more machine identities than human users, creating countless potential entry points for attackers.
Token Security solves this challenge by helping organizations discover, manage, and secure every non-human identity across their infrastructure. The platform integrates with a company’s entire technology stack, including existing identity providers, to map all machine credentials, whether they are cloud-based, SaaS solutions, or on-prem. It then automatically pinpoints who in the organization is responsible for each, and how the identity is being used. This direct connection between non-human identities and their human owners ensures swift remediation of security issues while maintaining the rapid pace of development and innovation.
“Hackers don’t break in; they log in,” said Itamar Apelblat, Co-Founder and CEO of Token Security. “Enterprises have done a good job securing human identities with things like multi-factor authentication, but automated systems are different. Any enterprise can pull up a list of their employees in seconds and track who has access to what. But ask them about their machine identities, and most can’t even tell you how many they have, let alone what they’re doing. When security teams identify a potential risk, figuring out who’s the human owner behind the automated process and what it’s supposed to be doing turns into a lengthy investigation that delays critical fixes and leaves systems exposed.”
About Token Security
Token Security is a leading provider of non-human identity security solutions, specializing in automatically securing any type of non-human identity across any system and environment at scale. Token Security’s solution empowers teams to manage lifecycles, maintain secure postures, gain comprehensive visibility, and enforce least privilege — all through a centralized dashboard.
Token Security was founded by 8200 security experts Itamar Apelblat and Ido Shlomo and is backed by Notable Capital, TLV Partners, SNR, and industry veterans like Kevin Patrick Mahaffey, founder of Lookout, and Shlomo Kremer, co-founder and CEO of Cato Networks.
