StrongDM

StrongDM

Provides secure privileged access management

About

StrongDM provides secure privileged access to a company's infrastructure, including both on-premises and cloud-based systems. The platform uses Zero Standing Privileges and Just-in-Time access to ensure that access is granted only when necessary, eliminating shared credentials and excessive permissions. It stands out from competitors by offering native integrations with various systems, making it easy for users to access resources without additional training. The goal of StrongDM is to enhance security while simplifying access for employees, helping companies achieve their Zero Trust security objectives.

Company Stage

Series C

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$107M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • The recent $34 million Series C funding round, backed by prominent investors like Sequoia Capital and Cisco Investments, positions StrongDM for significant growth and innovation.
  • Expansion into EMEA and APAC regions will open new markets and drive global adoption of StrongDM's Zero Trust PAM solutions.
  • The platform's ability to dynamically adjust access controls enhances security while simplifying user access, making it an attractive solution for businesses of all sizes.

What critics are saying

  • The competitive cybersecurity market requires StrongDM to continuously innovate to maintain its edge over rivals.
  • Global expansion efforts, while promising, come with challenges related to regional compliance and operational complexities.

What makes StrongDM unique

  • StrongDM's focus on Zero Standing Privileges and Just-in-Time access sets it apart by ensuring access is granted only when necessary, unlike traditional models with static permissions.
  • The platform's compatibility with both legacy and modern cloud-based systems, along with native integrations, offers a seamless user experience without additional training.
  • StrongDM eliminates the need for fragmented solutions like VPNs and jump boxes, providing a unified, secure access solution based on user identity.

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Growth & Insights
Headcount

6 month growth

18%

1 year growth

32%

2 year growth

-9%

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)

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