Way Security Raises $20 Million to Automate IAM Deployment

Most identity and access management platforms are not the problem. Getting them running the way vendors promised is. That distinction is central to Way Security, which has raised $20 million co-led by Insight Partners and Glilot Capital, a deal first reported by Axios ahead of the company's broader announcement.

Axios's early coverage focused on the mechanics of what Way Security has built, and it is worth starting there.

What the Platform Actually Does

Way Security's AI-powered, agentic execution platform automates the operational work required to deploy, manage, and maintain IAM systems that enterprises already own. Rather than replacing existing platforms, it removes the manual work that has historically required costly consulting engagements and extensive internal resources.

Using agentic execution capabilities trained on real-world IAM workflows and implementation patterns, the platform automates many of the activities that traditionally required armies of consultants, system integrators, and internal engineering resources. That allows security teams to consistently enforce lifecycle management, access governance, authentication, and policy across the enterprise regardless of technical complexity, applying identity controls uniformly across every identity type and system without custom integrations or ongoing dependence on application owners.

That coverage extends specifically to the applications most IAM programs struggle to reach: legacy systems, homegrown tools, and custom apps that do not support standard federation protocols. Way Security connects these applications to the IGA, IdP, and authentication controls an organization already owns, so single sign-on, multi-factor authentication, lifecycle management, and access reviews work across the full environment rather than only across the applications built to cooperate from the start. The company's own description of the approach is direct: it does not replace an organization's identity stack, it completes it.

The Problem It Was Built to Solve

IAM remains one of the most widely deployed categories in cybersecurity, yet it stays heavily dependent on service providers, with implementations that are often bespoke and manual. Software costs typically represent only a fraction of total spend, with implementation, customization, and ongoing operational work driving total costs to three to five times the original software investment.

"Most IAM teams aren't looking to replace the platforms they've already invested in," said Yonatan Rosenberg, co-founder and CTO of Way Security. "They're looking to finally get the return on investment they were promised. We built Way Security to automate the work that has traditionally stood between buying an IAM platform and actually realizing its value."

The Funding

Insight Partners and Glilot Capital co-led the $20 million round. "Identity is one of the most critical layers of enterprise security, yet organizations still struggle to operationalize their investments efficiently," said Jeff Horing, Co-Founder and Managing Director at Insight Partners. "Way Security is addressing a large and persistent gap between IAM software and real-world execution."

The People Behind It

Way Security was founded by Yossi Barishev and Yonatan Rosenberg, both former security leaders who spent years helping large enterprises navigate identity, governance, and security challenges. They advised Fortune 500 organizations through complex identity initiatives and led enterprise security organizations from within, and they also led incident response efforts for organizations facing some of the world's most significant cyber incidents. Rosenberg additionally served as an officer in Israel's Unit 8200.

Who's Using It Today

Way Security is already working with enterprise customers across multiple industries, including Fortune 500 companies, global healthcare organizations, and financial institutions, to accelerate IAM deployments, eliminate manual implementation work, and extend IAM coverage across complex enterprise environments.

The Roadmap

The company plans to aggressively expand its U.S. presence and continue investing in its platform as organizations increasingly prioritize identity as the foundation of modern cybersecurity, with the goal of becoming the category leader in identity operations.