Silverfort raises $116M for its holistic approach to identity security

Silverfort, an identity security startup, raised $116M at an approximate $1B valuation led by Brighton Park Capital, citing rapid ARR growth and customer adoption. The company positions its platform as a unified identity security layer that integrates with existing IAM to deliver ITDR/ITP across users, machines, apps, and legacy systems, offering a “second opinion” on authentication and coverage of hard-to-protect environments. Highlighting the surge in identity-driven ransomware and lateral movement, Silverfort claims it recently helped stop a major attack on a U.S. Fortune 500 company linked to the group behind last year’s MGM casino incidents.