
1. Technology overview
Akeyless Security is an identity security company incorporated in Israel with offices in Ramat Gan and New York. It addresses breaches caused by leaked credentials and privilege abuse by issuing, enforcing and revoking access for machines, AI agents and human users from one policy engine, and says it protects over 20 billion identity interactions per month for Fortune 500 enterprises.
The SaaS platform, with optional on-premises gateways, combines dynamic and rotated secrets management, multi-vault governance, certificate lifecycle management and PKI, just-in-time privileged access, a password manager, and encryption with multi-cloud KMS. It relies on patented Distributed Fragments Cryptography so the vendor never holds full keys. For AI agents, SecretlessAI keeps credentials out of agents and Agentic Runtime Authority blocks actions that exceed the assigned task. Customers include Thales, Wix, JFrog, Cimpress and Deutsche Bank.
2. Highlighted features & specifications
- Secrets management: Delivers dynamic, rotated and just-in-time secrets across AWS, Azure, GCP and on-premises targets.
- Multi-vault governance: Centralizes visibility and policy over external vaults already in use.
- Certificate lifecycle and PKI: Automates issuance and renewal of TLS and SSH certificates.
- Modern PAM: Grants just-in-time privileged access without standing privileges.
- Encryption and KMS: Manages keys across clouds with quantum-resilient options and HSM integration.
- AI agent security: SecretlessAI and Agentic Runtime Authority govern credentials and actions of AI agents.
3. Potential application
A Vietnamese bank can remove hard-coded database passwords from applications and CI/CD pipelines with dynamic secrets. A fintech can automate TLS certificate renewal across Kubernetes clusters. An enterprise piloting AI agents can restrict what those agents may do on internal systems.
4. Benefits
The vendor cites up to 50% less operational overhead and an average 45% lower total cost of ownership versus self-managed vaults; Progress reports saving 70% of maintenance and provisioning time. Short-lived, just-in-time credentials remove standing secrets that attackers can steal. Zero-knowledge encryption lets regulated firms keep key control on premises. One platform replaces separate tools for secrets, certificates, PAM and KMS.
5. Market trends & opportunities
Non-human identities such as service accounts, API keys, certificates and now AI agents far outnumber employees, and leaked secrets are a frequent breach cause. Banks, fintechs and software companies in Vietnam and Southeast Asia moving to multi-cloud and DevOps need centralized secrets and key management to meet security and data protection requirements.
6. Other information
Legal entity Akeyless Security Ltd. is incorporated in Israel; co-founded by Oded Hareven, Shai Onn and Refael Angel. Investors shown include JVP, Team8, NGP Capital and Deutsche Bank. Holds FedRAMP authorization announced in September 2026, ISO 27001, SOC 2, FIPS 140-3, CSA STAR Level 1 and PCI DSS; named a G2 Fall 2026 Leader in Non-Human Identity Management.
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