A Series C funding round has produced $110 million for Teleport, the creator of a platform that designates identities to users, software and hardware as an alternative to password-based security measures, according to TechCrunch
"In addition to constantly improving the open source and enterprise self-hosted downloadable versions, we will continue to invest in making our cloud-based offering globally available," Teleport co-founder and CEO Ev Kontsevoy said of their plans for the new funding.
The Teleport system delivers identity-based infrastructure access
to resources without the need for passwords. It understands a variety of protocols including HTTPS, SSH and RDP.
Teleport uses certificates to secure communication between machines and integrates with identity management solutions such as Google Apps, Okta, GitHub or Microsoft Active Directory to provide certificate-based authentication and defend users' data from compromised credentials.
Users may configure Teleport through a web dashboard and offers a way for ad hoc granting of elevated permissions through chat tools including Mattermost and Slack. Events including authentication attempts, file system changes and file transfers are recorded in system logs.