Remediant, Inc., a San Francisco, CA-based provider of Privileged Access Management (PAM) software, received $15m in a Series A funding.
The round was co-led by Dell Technologies Capital (DTC) and ForgePoint Capital (FPC).
The company intends to use the funds to expand marketing and field operations, product engineering, channel and customer success programs.
Led by Tim Keeler, CEO and co-founder, Remediant provides enterprise-class cybersecurity solutions that enable real-time monitoring, Zero Trust protection of privileged accounts and Just-In-Time Administration (JITA) across IT/Security/Cloud ecosystems. The system protects organizations from stolen credentials being used against them.
Its flagship SecureONE product saw rapid adoption by Fortune 1000 enterprises in the media, biotech, personal finance, healthcare and defense sectors.