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“Entro’s $6M Funding Round Targets Tackling of Secrets Sprawl in Cybersecurity”

"Entro's $6M Funding Round Targets Tackling of Secrets Sprawl in Cybersecurity"cybersecurity,fundinground,Entro,secretssprawl
Entro, an Israeli startup aiming to tackle the challenge of “secrets sprawl” in the enterprise – the spread of secrets such as API keys, access tokens, and certificates across numerous cloud locations – has announced $6 million in seed-stage funding. The company’s tool offers an inventory of secrets and helps security teams manage this organization-wide issue. The product continuously monitors and protects secrets, as well as programmatic access to cloud services and data, while detecting, safeguarding, and providing context for secrets stored on vaults, source code, collaboration tools, SaaS platforms, and cloud environments. The funding round was led by Hyperwise Ventures and StageOne Ventures, and Entro now enters a highly competitive market, with rival venture capitalists investing in similar startups, all dedicated to the challenge of secrets management and software supply chain security.
##The Challenge of Secrets Sprawl
Entro‘s tool addresses the issue of secrets sprawl, a pervasive issue felt by many organizations. The challenge stems from older methods of secrets management, including a failure to enforce secret rotation such as unauthorized personnel access to secrets, making it necessary to detect and protect these secrets and access to cloud data. Traditionally, locating these secrets can be challenging, as there is often an abandoned sequence of passreplaces and passphrases scattered across developers’ desktops, emails, cron jobs, scripts, and sometimes even Post-it notes stuck to screens. The process of manually searching for this information is both time-consuming and imposing and may lead to vulnerability breaches. Entro‘s product is premised on its ability to offer managers, engineers, and security teams a single pane of visibility of secrets, their context, and their dependencies, thereby simplifying and streamlining the process.

##The Need for Streamlining Management
As organizations aim to move confidential data onto cloud technology, the need for effective and innovating secrets-management solutions is critical. Secrets sprawl is a challenge faced by numerous organizations, contributing to numerous security vulnerabilities. Competing startups are also seeking to tackle this issue and improve the management of secrets sprawl, with venture capitalists investing heavily in the secrets management and software supply chain security space.
##Editorial: Lessons Learned
Entro‘s $6 million seed-stage funding demonstrates that there continues to be a lot of interest in tools designed to improve security in the enterprise during this digital transformation. The solution will help organizations mitigate the risks of data loss, both accidental and malicious, by ensuring that secrets and access are controlled and administered more effectively. Organizations must recognize the importance of mitigating potential attacks from malicious actors seeking to gain access to valuable data. Effective secrets management can greatly reduce the risks associated with a breach by ensuring that the data is protected efficiently and to a higher standard. Security teams need to tame secrets sprawl, manage and keep track of their environments more effectively, minimize the risks, and have access to real-time information that helps them focus on allowing the company to thrive.

Cybersecuritycybersecurity,fundinground,Entro,secretssprawl


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