Secrets and access management have just received a major boost as Infisical, the fast-growing innovator in open-source security, identity management, and developer tools, has raised a $16 million Series A funding round led by renowned tech investor Elad Gil.
The round also drew participation from Y Combinator, Gradient (Google), Dynamic Fund, and top-tier angel investors, including Olivier Pomel (Datadog), Sanjit Biswas (Samsara), and Antonio Gracias (Valor).
From the start, Infisical positioned itself at the intersection of simplicity and power in the world of secrets and access management, offering developers an end-to-end encrypted toolset to manage API keys, SSH credentials, certificates, and other sensitive data. This Series A validates the company’s rapid rise in a market desperate for user-friendly, secure, and scalable infrastructure.
Fast-Growing Open Source Champion
Unlike legacy players, Infisical takes a modern, open-source-first approach to secrets and access management, earning the trust of more than 100,000 developers across high-growth startups and enterprise giants, such as LG. Over the past year alone, the company’s software surpassed 40 million global downloads.
“Secrets management serves as a critical foundation that connects all infrastructure components within any organization, making it incredibly important from both security and reliability perspectives. At Infisical, we’ve struck the ideal balance between offering an exceptional developer experience and meaningfully advancing organizational security practices, ensuring it scales effortlessly from an organization’s first deployment to tens of thousands of microservices,” said Vlad Matsiiako, CEO and co-founder of Infisical.
Notably, Infisical grew its revenue 20-fold and became cash-flow positive—a remarkable feat that caught the attention of venture capital and tech leaders. Its intuitive developer tools simplify credential handling across platforms, enabling organizations to manage secrets with ease and confidence.
Fueling the Next Phase of Security Innovation
With this capital infusion, Infisical plans to scale its platform across secrets and access management, identity management, and secure infrastructure for AI infrastructure. Additionally, the firm will deepen integrations with cloud service providers and expand its engineering teams in San Francisco and globally.
CEO Vlad Matsiiako emphasized Infisical’s mission to deliver robust, developer-friendly security for every team building complex apps and deploying across hybrid environments. “We’re solving foundational problems that every developer faces. This funding allows us to move faster and smarter,” he said.
Bridging Developer Productivity and Security
The investment will also boost Infisical’s go-to-market strategy and customer success operations. As demand for open-source security scales, the company will double down on onboarding, support, and product innovation. Importantly, it is now expanding its stack to address the rising needs of AI infrastructure, enabling developers to secure data pipelines for autonomous systems and agents.
Whether a team handles sensitive healthcare data or cutting-edge machine learning, Infisical’s secrets and access management tools provide peace of mind and operational excellence.
Elad Gil, Technology Investor, said, “Secrets management remains one of the most critical yet underserved areas of enterprise security. Infisical stands out due to its unique combination of enterprise-grade security and developer-first experience. Their rapid adoption by enterprises validates the urgent need for a new approach in the market.
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