Venice Exits Stealth With $33M to Kill Static Permissions
Israeli identity security startup Venice lands $25M Series A to replace rigid enterprise access controls with dynamic alternatives.
Venice, formerly known as Valkyrie, just stepped out of stealth mode with serious backing. The Israeli identity security startup closed a $25 million Series A led by IVP, stacking on top of an earlier $8 million seed round. That's $33 million total to rethink how enterprises handle access control.
The core pitch: static permissions are broken. Venice builds identity security software that swaps out rigid, set-it-and-forget-it access rules for dynamic controls that adapt in real time. Think less "here's your key to everything" and more "prove you need this door right now."
It's a growing pain point. As enterprises sprawl across cloud environments, managing who gets access to what — and when — has become a nightmare. Venice is betting dynamic identity management is the fix. With $33M in the bank, they've got runway to prove it.