strongDM, a Burlingame, Calif.-based infrastructure access platform, closed a $54m Series B funding round.
The round was led by Tiger Global, with participation from new investor GV, and existing investors Sequoia Capital, True Ventures, HearstLab, Bloomberg Beta, and Godfrey Sullivan.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Elizabeth Zalman, Co-founder and CEO, strongDM is an enterprise-grade platform that delivers the secure infrastructure access controls businesses require, while simultaneously providing end users with the product they want to use. It works with every infrastructure environment, legacy or multi-cloud. The solution combines authentication, authorization, networking, and observability into one platform.
The company provides the following benefits:
- Efficiently implement least-privilege and role-based access controls at scale
- Automate workflows for technical staff which increases productivity
- Enable DevOps to treat access “as code”, just like infrastructure
- Ensure that access is locked down from instance spin up to tear down
- Audit readiness out-of-the-box with strongDM’s net new audit log, created by the only protocol-aware proxy
- Easily deploy and scale infrastructure access controls across any diverse, hybrid, physical, or multi-cloud environment
It is used by the Fortune 500 and fast-growing businesses like Peloton, SoFi, Chime, Yext, and Better.
FinSMEs
15/09/2021