Concourse Labs, a New York based company that accelerates enterprise digital transformation through automated cloud governance, emerged from stealth mode announcing $15.2m in Series A funding.
The round was led by ForgePoint Capital, with existing investors 83North and Capri Ventures participating. In conjunction with the funding, Don Dixon, Managing Director with ForgePoint Capital, William Lin, Partner with ForgePoint Capital and Yoram Snir, Partner with 83North, will join the company’s board.
The company plans to use the funding to expand sales and marketing efforts, scale operations, and broaden and accelerate product development.
Led by Don Duet, CEO, Concourse Labs provides an Automated Cloud Governance platform that enables enterprises to adapt to the cloud, offering observability and control of their risk posture. It provides an immutable system of record for an organization’s policies, identity and cloud usage, enabling companies to operate at cloud speed and scale, with control.
FinSMEs
09/06/2020