Rig Security emerges from stealth with $12M to tackle AI identity risks

When your company’s workforce includes software agents that never sleep, never take PTO, and autonomously make decisions across cloud infrastructure, the old model of identity security starts to look about as useful as a deadbolt on a screen door. Rig Security thinks it has a better answer. The Tel Aviv-based cybersecurity startup officially emerged from stealth on September 29, 2026, backed by $12 million in seed funding. The round was co-led by Ten Eleven Ventures and Brightmind Partners, with additional backing from the CrowdStrike Falcon Fund and angel investor Ami Luttwak, co-founder of cloud security giant Wiz. The agentic AI identity problem Enterprise security teams have spent decades getting reasonably good at managing human identities. But the rapid adoption of agentic AI, autonomous software agents that can reason, plan, and act without human intervention, has introduced a category of digital identity that existing tools weren’t designed to handle. These AI agents create, modify, and retire identities at machine speed. They spin up service accounts, request API keys, and interact with cloud resources across environments. A single enterprise can generate hundreds of milli...