Silverfort is an enterprise cybersecurity platform that extends multi-factor authentication and identity protection to systems and environments that traditionally could not support it — including legacy applications, command-line tools, service accounts, and industrial systems. The platform analyzes authentication activity in real time, detects identity-based threats, automates service account discovery, and prevents credential compromise and lateral movement attacks.
What Is Silverfort and What Does It Do?
Silverfort, founded in 2016 by Matan Fattal, Yaron Kassner, and Hed Kovetz, is a cybersecurity company based in Tel Aviv, Israel. The company provides a unified identity protection platform that extends multi-factor authentication (MFA) and risk-based access controls to systems that were previously unprotected, including on-premise servers, command-line tools, administrative interfaces, and service accounts.
Its platform monitors authentication activity across hybrid and multi-cloud environments, detects identity threats such as credential misuse and lateral movement, and enables organizations to enforce real-time security policies without requiring agents or application changes.
With a team of 125 employees, Silverfort focuses on helping enterprises modernize authentication, strengthen zero-trust security, and prevent identity-driven data breaches.
How Much Funding Has Silverfort Raised?
1. Series A
- Amount Raised: $11.5M
- Lead Investors: TLV Partners, StageOne Ventures, Singtel Innov8
- Motivation: To build core MFA extension technology and expand engineering capabilities.
2. Series B
- Amount Raised: $30M
- Lead Investors: Aspect Ventures, Citi Ventures, Maor Investments, TLV Partners, StageOne Ventures, Singtel Innov8
- Motivation: To scale enterprise deployments and expand identity protection features.
3. Series C
- Amount Raised: $65M
- Lead Investors: Greenfield Partners, GM Ventures, Acrew Capital, Vintage Investment Partners, StageOne Ventures, Citi, Aspect Ventures, Singtel, Maor Investments
- Motivation: To accelerate global expansion and strengthen zero-trust authentication capabilities.
4. Series D
- Amount Raised: $116M
- Lead Investors: Brighton Park Capital, Acrew Capital, Greenfield Partners, Citi Ventures, GM Ventures, Maor Investments, Vintage Investment Partners, Singtel Innov8
- Motivation: To scale operations, advance AI-powered identity threat detection, and expand enterprise market reach.
Total Funding Raised: $222 Million
Current Valuation: $1 Billion (as of Jan 2024)
Latest Funding Date: January, 2024
Key Investors
1. Brighton Park Capital
- Details: Growth-stage investment firm backing high-potential technology companies.
- Investment Focus Areas: Enterprise software, cybersecurity, data platforms.
- Notable Investments: Silverfort, HTEC, AppViewX.
2. Acrew Capital
- Details: Venture capital firm investing in transformative technology and security companies.
- Investment Focus Areas: Cybersecurity, fintech, enterprise SaaS.
- Notable Investments: Silverfort, Pie Insurance, Exabeam.
3. Greenfield Partners
- Details: Growth investment firm supporting Israeli and global technology companies.
- Investment Focus Areas: Cloud infrastructure, security, enterprise technology.
- Notable Investments: Silverfort, Vast Data, BigPanda.
4. Citi Ventures
- Details: Corporate venture arm of Citi investing in strategic innovation initiatives.
- Investment Focus Areas: Financial services, cybersecurity, infrastructure technology.
- Notable Investments: Silverfort, Plaid, Tanium.
5. Vintage Investment Partners
- Details: Global investment platform operating venture funds and growth investments.
- Investment Focus Areas: Enterprise technology, security, cloud infrastructure.
- Notable Investments: Silverfort, Similarweb, Monday.com.
Where Is Silverfort’s Headquarters?
Silverfort is headquartered in Tel Aviv, Israel, a leading global cybersecurity hub with strong access to enterprise security talent, research ecosystems, and international technology partners.
What’s Next for Silverfort?
Silverfort is expected to continue expanding its identity security capabilities across hybrid and multi-cloud environments, with a strong focus on zero-trust authentication, service account security, and AI-driven threat detection. With increasing enterprise adoption and sustained investor backing, the company is positioned to strengthen its presence in global financial services, government, and critical infrastructure sectors.
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