San Jose based zero trust security startup Elisity emerges from the stealth mode to transform enterprise network security and access management. The company’s Elisity Cognitive Trust solution fuses cloud, AI, SDN, and zero trust to pave the way forward in enterprise security.
Elisity on Wednesday marked its presence in the enterprise security sphere with its core identity and access suite Elisity Cognitive Trust. Founded by industry veterans from Cisco, Qualys, and Viptela, the San Jose startup backed by a $7.5 million seed funding had been operating in stealth mode since its inception in 2018. Â
Burjiz Pithawala, Co-Founder and CEO at Elisity noted, “After managing pioneering software-defined networking and virtualization projects at Cisco and seeing how powerful those solutions were for our customers, I realized there was an even bigger opportunity to help enterprises secure access to their rapidly expanding collections of data, devices, and users.â€Â
The company secured $7.5 million as seed financing from Atlantic Bridge, whose Managing Partner Brian Long, Pure Storage’s Chief Customer Experience Officer Joe Pinto, and CEO at BMC Software Ayman Sayed joined Elisity’s board of directors to ‘guide the company through rapid growth.’Â
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A spokesperson for Elisity said the startup plans to scale up the engineering, sales and marketing teams. Pithawala added, “I believe, with the convergence of industry trends and the pandemic on our hands, it is the right time to reimagine the enterprise security landscape.â€
The Elisity Cognitive Trust (ECT) is a cloud-based identity and access solution for the entire organization. It is a one stop, centralized platform for all users, devices, applications, and data of an organization.
ECT leverages zero trust network access, ‘a security modelOpens a new window based on maintaining strict access controls and not trusting anyone by default’, and software defined networking.
It also packs AI that continuously monitors resources and relevant metrics in line with set policies, and gives recommendations based on user behavior and risk. ECT has a strict AI-driven monitoring and policy-defined access control on a virtual network which in turn runs on a general network.Â
Learn More: Positioning Yourself for a SASE Future
The solution, which leverages zero trust, has the potential to take over the enterprise security domain, currently dominated by VLAN, IP address, Mac address, VRFs or VPN solutions. With the emergence of hybrid work environments, experts speculate SASE security platforms with zero trust and AI can help mitigate the associated risks. SASE (Secure Access Service Edge) incorporates zero trust network access and is steadily attracting the interest of the security industry. It combines networking and edge with security to deliver a network security architecture that can span across a wide, multi-cloud environment.
According to GartnerOpens a new window , “In cloud-centric digital business, users, devices, and the networked capabilities they require secure access to are everywhere… What security and risk professionals in a digital enterprise need is a worldwide fabric/mesh of network and network security capabilities that can be applied when and where needed to connect entities to the networked capabilities they need access to.â€
Pithawala further wrote, “ECT is not just a VPN replacement, but rather a cloud-delivered platform that helps organizations transition to Zero Trust across their entire digital footprint, including campus, cloud and multi-cloud, remote access, branch, data center, SaaS apps, IoT and OT devices, and more.â€
See Also: Can SASE Edge Out VPNs for Secure Remote Access?
SASE is an emerging security concept in the cybersecurity market and is expected to hit $258 billionOpens a new window by 2025.
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