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StrongDM Secures $34 Million Series C Funding to Expand into Europe and Asia, and Establish Zero Trust PAM for Enterprise Security

Newswire.ca - Thu May 2, 8:00AM CDT

New funding to fuel global expansion and a pioneering approach to preemptive, action-based cybersecurity

PALO ALTO, Calif., May 2, 2024 /CNW/ -- StrongDM, the Zero Trust privileged access company, today announced the closure 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, as well as existing investors including GV, Sequoia Capital, and True Ventures. This investment underscores StrongDM's commitment to reshaping enterprise security with its revolutionary Zero Trust privileged access management (PAM) solution. The Series C funding round brings StrongDM's total funding to $96 million.

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