Apono, a leading provider of privileged access solutions for the cloud, announced key achievements from 2024 alongside its strategic plans for growth and innovation in 2025. These milestones highlight the company’s dedication to advancing cloud access governance, minimizing excessive permissions, and mitigating risks from internal and external threats.
In 2024, Apono successfully completed its Series A funding round, raising $15.5 million to disrupt conventional access security practices with AI-driven least privilege solutions. The funding is being allocated to accelerate product development, drive growth, and deliver unmatched value to customers. This investment also cements Apono’s position as a leader in the identity security sector.
As part of its growth strategy, Apono strengthened its leadership team by appointing Dan Parelskin as Senior Vice President of Sales, Stephen Lowing as Vice President of Marketing, and most recently, Arik Kfir as Vice President of Research and Development. With over 20 years of expertise in engineering, system and software architecture, and leadership, Kfir brings significant value to Apono. He previously held senior roles at Zesty, Qubex, and Zscaler. In his new role, Kfir will focus on enhancing the scalability of Apono’s platform and driving its research and development initiatives to align with strategic objectives. These leadership additions position Apono to meet the growing demand for cloud-privileged access solutions across diverse markets.
The company also unveiled a major update to its Apono Cloud Access Platform. This update enables automatic discovery, assessment, and revocation of standing access to cloud resources. With comprehensive visibility, seamless permission revocation, and automated Just-in-Time, Just-Enough Access, the platform helps organizations mitigate critical risks while fostering innovation within secure operational frameworks.
In December, Apono gained recognition in the IDC Innovators: Software Development Life-Cycle Identity and Access, 2024 report, which highlights emerging vendors offering groundbreaking technologies to address existing challenges. Apono’s use of AI and context-driven insights to enforce role-based access controls and dynamically adjust permissions earned it this acknowledgment. Following its presence at AWS re:Invent, Apono was also honored with the Winter 2024 Intellyx Digital Innovator Award, celebrating its innovative approaches to solving complex challenges in the digital landscape.
“In a cloud development world where permissions are often unused and identities can lie dormant, Apono offers DevOps teams and engineers a cloud identity and access management platform that allows them to embed ‘access flow’ permissions with just-in-time policy monitoring that dynamically validates least-privilege user access in the workflow context of the application,” said Jason English, director and principal analyst, Intellyx, in SiliconANGLE from AWS re:Invent.
Additionally, Apono was featured in the 2024 Gartner Magic Quadrant for Privileged Access Management as a sample vendor for Just-in-Time Privilege (JITP) tools. This recognition highlights Apono’s innovative role in addressing privileged access management risks. Gartner emphasized the growing adoption of JITP tools due to their ease of use and implementation, aligning with Apono’s mission to deliver effective and user-friendly access management solutions.
“Apono’s fearless development team is at the heart of our achievements,” said CEO of Apono, Rom Carmel. “Their dedication and innovation drive our mission to provide secure, automated access management solutions. By developing cutting-edge technology, we empower organizations to manage access efficiently and securely. Our solutions streamline access control, reduce risks, and enhance operational efficiency, allowing our clients to focus on their core business objectives.”
For more information, visit the Apono website here: www.apono.io.
