SiliconAngle reports that identity security AI startup Orchid Security has obtained $36 million from a seed funding round, which it will use to strengthen its platform, as well as expand its customer base in North America and Europe.
After establishing an updated inventory of self-hosted apps within a network, Orchid leverages LLM analytics with optimal reasoning and code recognition capabilities for identity control and authentication evaluations that consider cybersecurity framework compliance, according to the firm, which counts Costco and Repsol among its high-profile customers.
"With advancements in AI and LLM technology, we can now offer a solution that automatically assesses identity capabilities and exposures... and helps organizations elevate and ensure consistency of their identity security posture, all while significantly reducing cost and time," said Roy Katmore, co-founder and CEO of Orchid Security.
