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Chronicles

The story behind the story

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Way Security, which uses AI-driven automation and agentic workflows to help deploy IAM systems, raised a $20M seed from Insight Partners and Glilot Capital

Axios Chris Metinko

Context & Ripple Effects

Way Security's financing arrives amid a cluster of security startups applying AI agents to distinct control points: Prime Security's agents for security design and Ent Security's intent-aware workspace layer illustrate the push beyond standalone detection tools.

The common thread is operationalizing security controls around AI-assisted work. Way is focused on the deployment layer for IAM, while Aryon Security's policy-enforcement platform addresses how security strategy becomes enforceable rules.

First-order effects

  • Way Security gains capital to build and commercialize its AI-driven automation and agentic workflows for IAM deployments.
  • Insight Partners and Glilot Capital become investors in a company targeting a deployment process that can be labor-intensive for organizations adopting IAM systems.

Second-order effects

  • IAM implementation providers and security teams face pressure to show where automation can shorten deployment work without weakening access controls.
  • The funding adds another vendor category around agent-mediated security operations, alongside products for security design, policy enforcement, and workspace activity.

Third-order effects

  • If these tools prove dependable, IAM deployment may shift from a largely services-led implementation task toward software-directed, workflow-specific automation.
  • That shift would make governance of autonomous actions—not just access-policy configuration—a more central competitive requirement for identity-security platforms.

The trend: Cybersecurity startups are using AI agents to automate discrete control-plane workflows, from designing and enforcing policies to deploying identity systems.