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Industries
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Series C
Total Funding
$107M
Headquarters
Burlingame, California
Founded
2015
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.
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Total Funding
$107M
Meets
Industry Average
Funded Over
4 Rounds
Industry standards
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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
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
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.
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.
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.
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Industries
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Series C
Total Funding
$107M
Headquarters
Burlingame, California
Founded
2015
Find jobs on Simplify and start your career today