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Public story · 2026-08-07 · high
Norwest led the round after revenue tripled for two straight years, with SoftBank Corp already a customer.
Why now: Covered here after the August 3 announcement, as agent governance starts showing up as its own line item in security budgets rather than riding inside existing SaaS-security spend.
Zenity raised $125 million in a round led by Norwest, with SoftBank Vision Fund 2, Qumra, Hitachi Ventures and LG Technology Ventures joining prior backers Vertex, Third Point, DTCP and Intel Capital, per the August 3 announcement.
The product doesn't audit agents after something goes wrong. It sits between an enterprise AI agent and the action it's about to take, then allows, modifies or blocks that action before it executes. That's an interception layer, not a scanner, and it's a different job than the CASB and SSPM tools most security teams already have on contract.
Revenue tripled each of the past two years, and Zenity says it's tracking to triple again this year across a workforce that's now past 230 people. SoftBank Corp is listed as a customer, separate from SoftBank Vision Fund 2's stake on the cap table.
A $125 million round for a pre-execution interception layer is a signal about how enterprises are categorizing this problem. They're treating agent governance as its own budget line, not a feature they expect their existing SaaS-security or CASB vendor to bolt on for free. That's a bad bet for any incumbent still planning to ship agent controls as a minor release note. Watch whether CASB and SSPM vendors respond by building their own interception layers or by trying to buy one.
Each link below shares sources, entities, or timing with this story.
Zendesk uses SaaS / Shared entity: SaaS / Shared topic / Earlier coverage
Linked by a graph relationship (Zendesk uses SaaS); both cover SaaS; overlapping topics (agent, customer).
Linked by a graph relationship (Zendesk uses SaaS); both cover SaaS; overlapping topics (agent, customer).
Zendesk uses SaaS / Shared entity: SaaS / Earlier coverage
Linked by a graph relationship (Zendesk uses SaaS); both cover SaaS; earlier SaaS coverage from 2026-03-23.
Linked by a graph relationship (Zendesk uses SaaS); both cover SaaS; earlier SaaS coverage from 2026-03-19.
Zendesk uses SaaS / Shared entities / Earlier coverage
Linked by a graph relationship (Zendesk uses SaaS); both cover Revenue, SaaS; earlier Revenue coverage from 2026-04-18.
Zendesk uses SaaS / Shared entity: SaaS / Shared topic / Earlier coverage
Linked by a graph relationship (Zendesk uses SaaS); both cover SaaS; overlapping topics (agent, budget).
Zendesk uses SaaS / Shared entity: Agent / Earlier coverage
Linked by a graph relationship (Zendesk uses SaaS); both cover Agent; earlier Agent coverage from 2026-07-17.
Zendesk uses SaaS
Linked by a graph relationship (Zendesk uses SaaS).