Infisical Raises $16 Million In Series A Funding Led By Elad Gil And Others

Infisical, a San Francisco-based open-source secrets, identity, and access management company, recently raised $16 million in Series A funding led by Elad Gil, with participation from Y Combinator, Gradient (Google), Dynamic Fund, and angel investors like Olivier Pomel, Sanjit Biswas, and Antonio Gracias.

Summary of transaction details:

• Deal Type: Series A
• Transaction Amount: $16,000,000
• Company Name: Infisical
• Headquarters: San Francisco
• Notable Investors: Elad Gil, Y Combinator, Gradient, Dynamic Fund, Olivier Pomel, Sanjit Biswas, Antonio Gracias

Infisical, founded and led by CEO Vlad Matsiiako, offers an end-to-end encrypted tool that assists developers in managing secrets and environment variables across teams, devices, and infrastructure. The new funding will be utilized to expand the platform's features, develop AI security infrastructure, scale engineering and go-to-market teams, and enhance customer success and marketing efforts to meet rising enterprise demand.