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Secrets Management Firm Infisical Valued at $600 Million After $40 Million Raise

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Summary

Infisical, a San Francisco company that provides secrets management, encryption key and certificate management, and privileged access management, raised a $40 million Series B round at a $600 million valuation, led by Elad Gil. The round brings its total funding to nearly $60 million, and the company plans to use it to expand its platform for securing AI agents' access to sensitive systems, including its Agent Vault product.