Descope will use the new funding to further R&D investment in agentic identity, expand its platform to new regions, and grow the team across the engineering, product, and customer experience teams.
Descope was founded in 2022 by a team of serial cybersecurity entrepreneurs that previously founded Demisto, a leader in the Security Orchestration, Automation and Response (SOAR) space that Palo Alto Networks acquired. The company launched from stealth in Feb 2023 with $53M in seed funding and has since grown to serve thousands of organizations, save time for tens of thousands of developers, and have hundreds of millions of total identities under management.
The Descope no-code / low-code external IAM platform helps organizations easily create, modify, and manage identity journeys for their users, business customers, partners, AI agents, and MCP servers using visual workflows. Organizations use Descope to enhance customer experience, help prevent account takeover, and ensure secure and scalable adoption of AI agents and MCP servers.
"It has been a pleasure scaling the startup mountain once again, and we haven't even reached base camp yet," said Slavik Markovich, Co-Founder and CEO of Descope. "We're very grateful for the trust our customers and the developer community have placed in Descope, the guidance and partnership of our investors, and the relentless grit and execution of the Descope team. We look forward to the climb ahead and getting closer to our vision of "descoping" authentication and identity management from every developer's daily work."
"The rise of AI agents and MCP servers requires a security rethink with identity at its center," said Oren Yunger, Managing Partner at Notable Capital. ...
