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strongDM, an infrastructure access platform, revealed a US$54 million increase in Series B fundraising round led by Tiger Global. Authentication, permission, networking, and observability are included in the strongDM platform itself.
strongDM, an infrastructure access platform, has announced that it has raised $54 million in a Series B funding round led by Tiger Global. Other participants include GV, Sequoia Capital, True Ventures, HearstLab, Bloomberg Beta, and Godfrey Sullivan.
strongDM is an enterprise platform that provides safe access control systems for enterprises while at the same time giving end-users a product they like to use. It functions with all infrastructure, legacy, and multi-cloud environments.
Enterprises have already modernized their infrastructure or are in the throes of transformation. The complexity of today’s reality requires DevOps teams to juggle security and access, typically competing priorities. But the developer experience has historically been ignored, which is why security products end up as shelfware. This investment from Tiger Global, GV, and existing investors is validation of our vision to deliver infrastructure access that is easy, secure, and works for every environment and enterprise.Elizabeth Zalman, co-founder and CEO, strongDM
strongDM incorporates authentication, approval, networking, and observability into one platform. It works with all past, present, and future resources while offering administrators and end-users a pleasant user experience. As a result, DevOps teams can provide secure access to infrastructure on a scale while addressing the need for current safeguards and compliance.
Speaking about the investment, John Curtius, a partner at Tiger Global, said, “The cloud exposed a significant gap in how every business manages and secures their critical backend infrastructure. The IAM and PAM markets do not address the complexity and scale of the problem, nor do I see that in their future. Companies can’t just bolt on a developer and DevOps-first experience; it must be designed that way from Day One. Furthermore, the current security climate has shown that this must be solved in every industry. We backed strongDM because they’ve seamlessly solved a massive enterprise problem with consumer-like usability.”