Get2Volume Press Release

DEEP IDENTITY RAISES US$460K TO SCALE ITS ENTERPRISE IDENTITY MANAGEMENT SOLUTION

Singapore, Dec 10, 2014 - Scaling its identity audit and compliance management solution, Deep Identity today announced it has secured financing, raising S$589,000 and incubation support from Singapore-based Get2volume, who will incubate Deep Identity with co-funding from the Singapore National Research Foundation.  
Deep Identity is a security solution provider specializing in the Identity and Access Management (IAM) domain, focusing in Identity and Access Governance (IAG). The team, leveraging on the knowledge gained in various industries and in this domain, has developed, and has been selling its solution, Identity Audit and Compliance Manager (IACM) and Identity Manager (IdM). Deep Identity provides a one-stop solution to enterprises for identity audit, compliance and management.
Deep Identity’s Identity Audit & Compliance Manager (IACM) uses native connectivity to gather information of users by delving deep into endpoint systems, where users and their access permissions are stored within the enterprises applications and systems. This 'layered' approach leads IACM to employ an Identity Management (IdM) technique for users, users’ profile/roles/groups, resources/resources groups and resources itself on a particular applications and systems.
“Deep Identity is well recognized within the identity audit and compliance management market with a unique and comprehensive solution,” said Sivakumar Balasubramanian, founder and CEO of Deep Identity.  “This funding and incubation from Get2Volume and NRF enables us to deploy Deep Identity Identity Audit and Compliance Manager (IACM) and Identity Manager (IdM) solutions across South East Asia”.
“Identity management, audit, and compliances has become a critical enterprise IT requirement.  Deep Identities success with their identity management solutions in Singapore demonstrates significant opportunity.” said Mike Holt, CEO Get2Volume.  “We are excited to be a part of Deep Identity’s next phase of growth”.

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