Permit.io Secures $8 Million in Series A Funding for Revolutionary Access Control Solution

Permit.io Secures $8 Million in Series A Funding for Revolutionary Access Control Solution

Permit.io, a revolutionary platform, has successfully secured $8 million in Series A funding, led by Scale Venture Partners.

The funding round also saw participation from notable investors, including NFX, Verissimo Ventures, Roosh Ventures, Firestreak, 92712, and several existing stakeholders.

Empowering Developers with Access Control

Permit.io stands out by offering developers the capability to seamlessly integrate permissions and access control into any product within minutes.

Built on open source foundations, the platform leverages OPA+OPAL as a service, providing accessible API and UI access-control interfaces that streamline the process of incorporating security measures.

Notably, Permit.io’s technology is already being utilized by industry giants such as Accenture, Cisco, Tesla, and others.

Notable Clients and Broad Adoption

The company has successfully inked deals with over 20 companies, including prominent industry leaders like Schneider Electric, SignifyHealth (a CVS subsidiary), and Salt.Security.

The platform boasts hundreds of thousands of authorized users, showcasing its broad acceptance and recognition within the market.

CEO’s Vision for Future Growth

Or Weis, the CEO of Permit.io, expressed enthusiasm about the funding, emphasizing its role in facilitating rapid scaling to meet increasing demand.

He outlined key initiatives, including the establishment of a sales presence in the U.S. and a renewed emphasis on enhancing the unique interfaces that have become a hallmark of Permit.io.

Charting the Path Forward

With this substantial injection of funds, Permit.io is well-positioned to chart an ambitious path forward.

The company aims not only to expand its market reach but also to reinforce its commitment to providing cutting-edge solutions for developers, further solidifying its presence in the rapidly evolving landscape of access control and security.

TDPel Media

This article was published on TDPel Media. Thanks for reading!

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