Way Security Raises $20 Million to Revolutionize Identity Management with AI Platform

Way Security, an Israeli cybersecurity startup, has secured $20 million in a seed funding round led by Insight Partners and Glilot Capital. Founded in 2025 by CEO Yossi Barishav and CTO Yonatan Rozenberg, the company develops an AI-driven platform designed to streamline identity and access management (IAM) for organizations. Their solution aims to reduce the extensive manual work and complex integrations typically required to connect identity systems to various applications and services within enterprises.

Barishav and Rozenberg, both former senior cybersecurity professionals who previously worked together at Sygnia, bring deep expertise from managing complex IAM projects and responding to major cyber incidents. Way Security currently employs 30 staff members. The company highlights that while IAM is a critical security control, its implementation is costly and labor-intensive, often requiring three to five times the software cost in integration and operation expenses.

Way Security’s platform is technology-agnostic, enabling organizations to enforce IAM policies across all identities and systems, including legacy systems, internal applications, and custom-built solutions that lack native compatibility with modern IAM tools. This approach helps organizations complete their IAM initiatives faster and avoid prolonged, resource-heavy projects.

In an interview with Calcalist, Barishav emphasized their firsthand experience with IAM challenges and the lack of comprehensive solutions. He noted that their platform complements existing identity providers like Okta by dramatically simplifying system integrations. The company, just one year old, already has paying customers in Europe and the United States and is advancing toward broader market adoption.