BeyondTrust Acquires Israeli Startup Entitle for Estimated $150 Million

In a strategic expansion of its cloud security capabilities, BeyondTrust, the U.S.-based leader in intelligent identity and access security, has announced the acquisition of Entitle, an innovative Israeli startup specializing in privilege management solutions. The deal, while not publicly disclosed, is estimated to be around $150 million.

Founded in 2021 by Ron Nissim and Avi Zetser, former members of Israel Defense Force's elite Unit 8200, Entitle has quickly positioned itself as a pioneer in the industry. The company, which last February raised $15 million in a Seed round led by Glilot Capital Partners, specializes in discovering, managing, and automating just-in-time (JIT) access and modern identity governance across various cloud platforms.

This acquisition is set to enhance BeyondTrust's Privilege Identity Security platform by integrating Entitle's capabilities, which focus on automating JIT access and improving identity governance in cloud environments. "The BeyondTrust acquisition of Entitle signifies a crucial evolution in our fight to ensure customers can protect all paths to privileges, focusing on identity-first security across all IT environments," said Janine Seebeck, CEO of BeyondTrust.

Ron Nissim, CEO of Entitle, commented on the acquisition's benefits, noting that it allows Entitle to leverage BeyondTrust's extensive expertise and dominant position in the privileged access management (PAM) market. "This acquisition allows Entitle to continue to grow through BeyondTrust’s years of expertise and dominance in the PAM market, offering significant opportunities for Entitle’s team," said Nissim.

Paul Fisher, Senior Analyst at KuppingerCole Analysts, highlighted the strategic importance of this move, stating, "BeyondTrust’s acquisition of Entitle adds comprehensive permissions and entitlements management across cloud and SaaS platforms to the BeyondTrust Privileged Identity Security platform."

The integration of Entitle's solutions is now available to all BeyondTrust customers, promising to address the sophisticated challenges of PAM and cloud infrastructure entitlement management (CIEM) in today's cloud-centric business environment. This acquisition not only solidifies BeyondTrust's commitment to leading the charge in securing digital identities and access but also enhances its global footprint by incorporating a cutting-edge startup into its comprehensive security solutions.