# Elisity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elisity

- Industry: IT Security/Cybersecurity
- Headquarters: San Jose, US
- Website: www.elisity.com
- Total disclosed funding: $71M
- Latest round: Series B (Apr 29, 2024)
- Investors on record: 4

## About

Based in California, US, and founded in 2018 by Burjiz Pithawala, Sridhar Vallepalli, Srinivas Sardar, and Sundher Narayan, Elisity, Inc., a.k.a. Elisity develops the artificial intelligence-integrated system Cognitive Edge, an online solution that secures users's data by providing a software-defined perimeter that authorizes users, devices, and apps based on the company's policies. In April 2024, Elisity, Inc. raised USD 37 million in a Series B funding from Insight Partners, with participation from Two Bear Capital and AllegisCyber Capital. The series B funding values Elisity, Inc. at USD 191.10 million post-money. As of July 2024, James Winebrenner is the CEO of the company.

Elisity provides a cybersecurity platform focused on identity-based microsegmentation to enhance network security. The company’s technology, IdentityGraph™, offers comprehensive visibility and control over network assets by classifying and monitoring devices and users. The platform integrates with various data sources and network hardware, supporting simplified management and continuous compliance. The company caters to sectors such as industrial operations, healthcare, and business continuity.

The company plans to use its proceeds from April 2024 funding to support the growth of its artificial intelligence capabilities.

## Funding rounds

- Series B, Apr 29, 2024, $37M — AllegisCyber Capital, Insight Partners, Two Bear Capital
- Series A, Jun 15, 2021, $26M — Atlantic Bridge, Two Bear Capital, AllegisCyber Capital
- Seed, Oct 1, 2018, $7.5M — Atlantic Bridge

## Investors

- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Seed, Series A
- Two Bear Capital (https://capitalatlas.ai/funds/two-bear-capital) — Series A, Series B
- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B