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Why secrets management continues to grow, Akeyless raises $65M

November 16, 2022

Every organization has secrets. Modern enterprises have a range of credentials, certificates and keys, which, if left in the wrong hands, could provide complete access to protected information. As a result, more and more vendors are looking to innovate solutions to manage these secrets, so they’re not exposed to third parties.

Just today, software-as-a-service (SaaS)-based secrets management platform Akeyless announced it has raised $65 million as part of a series B funding round led by NGP Capital. The company’s platform enables organizations to use workloads to automatically create and rotate secrets.

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