Meitar-Advised Cyber Authorization Biz Nabs $75M In Series C

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By Emma Whitford (December 21, 2021, 1:48 PM EST) — Israeli cybersecurity startup PlainID, advised by Meitar, announced Tuesday that it has raised $75 million in a financing round led by private equity firm Insight Partners, as the company moves to speed up product development and boost its marketing strategy.

Founded in 2014, PlainID offers so-called identity access management, or IAM, technology that helps companies and organizations manage who has access to sensitive information, according to a press release. The Series C round brings the company’s fundraising total to $100 million.

In addition to Insight Partners, PlainID brought in capital from Israeli investor Itai Tsiddon, co-founder of the app development company…

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