As reported by Axios and later by the Financial Times, Way Security has secured a $20 million investment co-led by Insight Partners and Glilot Capital.

The Tel Aviv-based cybersecurity company is tackling one of identity and access management’s most costly problems: the years of manual implementation and consulting work often required to make IAM systems fully operational.

Way Security’s AI-powered, agentic platform automates much of that work, helping enterprises deploy, manage, and maintain their existing identity systems faster—and at a fraction of the traditional cost.

Founded by veteran security leaders Yossi Barishev and Yonatan Rosenberg, Way Security is already working with Fortune 500 companies, global healthcare organizations, and financial institutions.

The company plans to use the new funding to expand its U.S. presence and further develop its identity operations platform.

This story was created with help from Omri Hurwitz Media.