Headquarters: Waltham, Mass.
Technology Sector: Security
Key Product: Aveksa Compliance Manager
Year Founded: 2004
Number of Channel Partners: 13
Ideal Channel Partner: Enterprise-focused solution providers
Why You Should Care: Aveksa closes the security gaps left when employees change jobs, leave a company or are terminated.
The Lowdown: Aveksa tackles a complex problem that many companies would prefer to avoid -- designating and managing employees' access privileges based on their role.
It sounds easy. But in light of how many times employees are hired, fired, leave a company or change positions, that can be a pretty complex challenge, said Brian Cleary, vice president of products and marketing for Waltham, Mass.-based Aveksa.
"Once we have those business roles, we transfer them into sets of actions that need to take place within the infrastructure," Cleary said. 'What you want to do is ensure the business can be successful. You can apply the appropriate policies or controls, no matter what action is taking place."
About half of Aveksa's business is geared toward enterprise companies that need to ramp up regulatory compliance for audits, including PCI, HIPAA and Sarbanes-Oxley requirements.
However Cleary maintained that other verticals, such as finanance and health care organizations, adopt entitlement management solutions simply because they want or need to reduce the amount of risk surrounding critical data.
"Security for them is a check in the box," Cleary said. "The data they're working with is so sensitive, in essence their business would tank if it was breached. It's really assurance for them."