Spera, a Palo Alto-based security startup that provides businesses with the tools to proactively protect themselves from identity-driven threats, today announced that it has raised a $10 million seed funding round led by YL Ventures, with participation from a number of prominent angel investors and serial entrepreneurs.
The company’s founders, Dor Fledel (CEO) and Ariel Kadyshevitch (CTO), argue that an organization’s identity surface is now the number one attack vector, yet as companies increasingly rely on an ever-growing number of third-party services, that’s also becoming increasingly hard to manage with legacy tools. That often means that employees get access rights to tools they don’t actually need to do their job and unnecessary high privileges in other tools — or that accounts of employees who have left the company may remain active on some third-party services.