Venice Security Emerges From Stealth With $33M Funding for Privileged Access Management

Venice Security has emerged from stealth with 33 million dollars in funding for its adaptive enterprise privileged access management platform, formerly operating as Valkyrie with bases in Tel Aviv and New York. The round includes 25 million dollars in a Series A led by IVP, with participation from Index Ventures, Vine Ventures, Holly Ventures and angel investors.

Venice describes its platform as providing unified control over access points across hybrid environments, discovering identities and entitlements and granting access only when required, then revoking it immediately after. It features dynamic policies that adapt in real time to changes in user behaviour or environmental conditions and requires no agents or proxies for deployment.

The company’s co-founder and CEO Rotem Lurie said that access control must keep pace with how organisations operate today, with Venice aiming to provide real-time access granted only when needed and removed when it’s not, according to Axis Security. The funding signals continued investor interest in privilege access management as enterprises navigate complex cloud and on‑premises ecosystems.