StrongDM, a zero trust privileged access management (PAM) startup located in Palo Alto, California, has secured $34 million in Series C investment.
Investors
- Anchor Capital (led the round)
- New investors Capital One Ventures
- Cisco Investments
- Frontline Ventures
- Singtel Innov8
- GV
- Sequoia Capital
- True Ventures
Use of Funds
The business plans to utilize the money to grow into the Asia-Pacific (APAC) and Europe, Middle East, and Africa (EMEA) markets.
StrongDM is a cybersecurity firm with a focus on Zero Trust Privileged Access Management (PAM), and its CEO is Tim Prendergast. Its solutions center on ongoing, policy-based controls that improve enterprise security by utilizing context and actions. This method examines every user activity and context in real time, allowing for the quick stopping or further investigation of behaviors that might be dangerous to the system.
The business will introduce cutting-edge policy-based control tools that improve critical infrastructure security in the upcoming months. Among these are contextual enforcement tools and micro-authorizations that are tailored to the unique requirements of security teams and CISOs.
About StrongDM
Every organization may benefit from safe, user-friendly dynamic access controls with StrongDM’s dynamic access platform. StrongDM provides organizations with the control and visibility they want at the pace they desire, with a single platform that functions in any environment. It is trusted by the Fortune 500 and rapidly expanding companies like as SoFi, Chime, Yext, and Better.
