StrongDM

StrongDM

Provides secure privileged access management

About StrongDM

Simplify's Rating
Why StrongDM is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series C

Total Funding

$107M

Headquarters

Burlingame, California

Founded

2015

Overview

StrongDM provides secure privileged access to a company's infrastructure, including both on-premises and cloud systems. Its platform uses Zero Standing Privileges and Just-in-Time access to ensure that access is granted only when necessary, making it easier for employees to get the resources they need. The platform integrates with various systems and eliminates the need for traditional solutions like VPNs, offering secure access based on user identity. The goal is to help organizations achieve Zero Trust security with dynamic access controls and an auditable access history.

💵
Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • 81% of organizations have adopted or plan to adopt Zero Trust models, boosting demand.
  • StrongDM's $34 million funding supports expansion into EMEA and APAC regions.
  • Integration with platforms like Google and AWS enhances StrongDM's compatibility and value.

What critics are saying

  • Emerging competitors like Securily could challenge StrongDM's market position in cybersecurity.
  • Internal resistance and cost constraints may slow Zero Trust model adoption.
  • Managing policies across multi-cloud environments remains a challenge for 49% of organizations.

What makes StrongDM unique

  • StrongDM uses a zero-trust approach to secure access to critical infrastructure.
  • The platform eliminates shared credentials and excessive permissions with Zero Standing Privileges.
  • StrongDM offers native integrations, simplifying use with existing tools without extra training.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$107M

Meets

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

❤️ 100% remote permanently

🌴 7 weeks of accrued PTO + sick leave

👶 24 WEEKS of paid Parental leave (either parent)

👩‍⚕️100% employer paid insurance premiums (you + spouse + dependents)

📈Front-loaded equity

💰401k

💵$2500 to build a home office, plus a monthly $100 internet reimbursement

😋 Work/life balance (we’re serious about this)

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-10%
PR Newswire
Jan 29th, 2025
Zero Trust Adoption Soars To 81%, But Fragmented Tools And Multi-Cloud Hurdles Remain, New Survey By Strongdm Finds

StrongDM survey reveals 81% of organizations have embraced Zero Trust for cloud security, yet 49% struggle with fragmented tools and inconsistent policies across multi-cloud environments.PALO ALTO, Calif., Jan. 29, 2025 /PRNewswire/ -- As enterprises continue migrating workloads to the cloud, they must adapt their security strategies to safeguard against evolving threats. StrongDM's latest survey of 600 cybersecurity professionals highlights the significant progress organizations are making in adopting Zero Trust for the cloud, as well as the challenges that still persist.Key Findings from the Survey:81% of organizations have fully or partially implemented a Zero Trust model Managing policies across multi-cloud environments remains a top challenge for 49% of respondentsZero Trust Adoption: 81% of organizations have fully or partially implemented a Zero Trust model, with 19% still in the planning phase. 22% of respondents reported internal resistance, while 48% cited cost and resource constraints as major obstacles.81% of organizations have fully or partially implemented a Zero Trust model, with 19% still in the planning phase. 22% of respondents reported internal resistance, while 48% cited cost and resource constraints as major obstacles. Cloud-Specific Security: 84% of organizations are actively pursuing Zero Trust for cloud security, with Identity and Access Management (IAM) and data encryption identified as top priorities by 67% of respondents.84% of organizations are actively pursuing Zero Trust for cloud security, with Identity and Access Management (IAM) and data encryption identified as top priorities by 67% of respondents

Refresh Miami
May 16th, 2024
Amid Cybersecurity Boom, Boca Startup Securily Sees Major Growth

By Riley Kaminer$2 trillion. That’s the addressable market McKinsey sees for cybersecurity technology and service providers. (For context, that’s more than the GDP of Canada or Brazil.) The story behind these big figures, in short, is that cybersecurity is on the rise. An increasingly digital-first way of working, coupled with rapidly-advancing innovations like AI, has created an environment where cybercrime can thrive. And SMBs are far from immune from these attacks: in fact, 61% of cyberattack targets are SMBs – a figure that rises to 82% when we’re talking about ransomware attacks. For early-stage companies, cyberattacks can be life or death.Enter Boca Raton-based Securily. The company is developing a better way of doing penetration testing (pentesting for short). Pentesting is essentially a controlled cyberattack on a computer system to find weaknesses in its security

Pulse 2.0
May 10th, 2024
StrongDM: Zero Trust Privileged Access Company Raises $34 Million

StrongDM, a Zero Trust privileged access company, announced the closing of a $34 million Series C funding round led by Anchor Capital, with participation from new investors Capital One Ventures, Cisco Investments, Frontline Ventures, and Singtel Innov8, and existing investors including GV, Sequoia Capital, and True Ventures.

SV Daily
May 4th, 2024
StrongDM Lands $34 Million

PALO ALTO - StrongDM, the Zero Trust privileged access company, has closed a $34 million Series C funding round led by Anchor Capital, with participation from new investors Capital One Ventures, Cisco Investments, Frontline Ventures, and Singtel Innov8, as well as existing investors including GV, Sequoia Capital, and True Ventures.

CityBiz
May 3rd, 2024
StrongDM Secures $34M Series C Funding

StrongDM, a cybersecurity firm based in Palo Alto, raised $34 million in a Series C funding round, bringing its total funding to $96 million. The round was led by Anchor Capital and included new investors such as Capital One Ventures and Cisco Investments. The company plans to use the funds to expand operations in the EMEA and APAC regions and will introduce advanced security features in the coming months.

Recently Posted Jobs

Sign up to get curated job recommendations

StrongDM is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update StrongDM's jobs every 8 hours, so check again soon! Browse all jobs →