AppViewX raises US$20 million Series B funding led by Brighton Capital to help organizations reduce risk across growing number of machine identities
Inaugurates 100-seater global center of excellence in B engaluru; funding to support continued global expansion and product innovation to meet significant market demand AppViewX , the leader in automated machine identity management (MIM) and application infrastructure security, today announced that the company has raised US$20 million in Series B funding led by growth equity firm and existing investor, Brighton Park Capital (“Brighton Park”). The additional investment will help maximize AppViewX’s go-to-market operations, product development and overall revenue growth strategies on its mission to help Global 2000 organizations reduce risk by securing and orchestrating enterprise identities and applications. The company announced the inauguration of its 100-seater global center of excellence in Bengaluru. AppviewX is seeing a significant shift in revenue to its SaaS offerings and currently has a best-in-class customer retention rate. Despite industry-wide challenges from the pande