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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

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星期四, 五月 2, 2024

GV, PAM, Policy, Sequoia Capital, StrongDM, Environment, Zero trust security model, Singtel, PALO, Series, Online shopping

PALO ALTO, Calif., May 2, 2024 /PRNewswire/ -- 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.

Key Points:

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.
StrongDM introduces a next-generation PAM solution that shifts from traditional role- or attribute-based security models to one that emphasizes continuous, fine-grained, and context-aware policy enforcement.
Tim Prendergast, chief executive officer of StrongDM, emphasizes the transformative nature of its Zero Trust PAM solution: "Our Zero Trust approach extends beyond initial access, offering continuous protection throughout the entire session.

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

Retrieved on:

星期四, 五月 2, 2024

GV, PAM, Policy, Sequoia Capital, StrongDM, Environment, Zero trust security model, Singtel, PALO, Series, Online shopping

PALO ALTO, Calif., May 2, 2024 /PRNewswire/ -- 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.

Key Points:

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.
StrongDM introduces a next-generation PAM solution that shifts from traditional role- or attribute-based security models to one that emphasizes continuous, fine-grained, and context-aware policy enforcement.
Tim Prendergast, chief executive officer of StrongDM, emphasizes the transformative nature of its Zero Trust PAM solution: "Our Zero Trust approach extends beyond initial access, offering continuous protection throughout the entire session.

SandboxAQ Recruits Chris Bates as CISO

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星期三, 五月 1, 2024

PALO ALTO, Calif., May 1, 2024 /PRNewswire/ -- SandboxAQ today announced it has appointed veteran cybersecurity executive Chris Bates as Chief Information Security Officer (CISO). As the company's first CISO, Bates is responsible for protecting SandboxAQ's data, communications, and intellectual property, while leveraging his expertise in sales, product development, messaging, and go-to-market (GTM) strategies to help develop the company's AQtive Guard cryptography management platform.

Key Points:

PALO ALTO, Calif., May 1, 2024 /PRNewswire/ -- SandboxAQ today announced it has appointed veteran cybersecurity executive Chris Bates as Chief Information Security Officer (CISO).
Bates joins SandboxAQ from SentinelOne, where he served as Chief Trust and Security Officer and helped scale the company to the largest cybersecurity IPO to date in 2021.
"Chris brings a unique mix of experience in cybersecurity, governance, operations, engineering, DevSecOps, product development and more to SandboxAQ," said Jack D. Hidary, CEO of SandboxAQ.
"Chris will engage with his CISO peers at our customers today which include global banks, government agencies and other large enterprises."

Industry Veteran Caleb Sima to Keynote Identity Management Day 2024 Conference, Registration Now Open

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星期四, 二月 29, 2024

Catalysis, NPES, NCA, Prospectus, Identity, CPE, Identity management, CSA, Risk, Organization, Conference, Diversity, StrongDM, IDSA, CSO, DOM events, Partnership

NEW BRAUNFELS, Texas, Feb. 29, 2024 /PRNewswire/ -- The Identity Defined Security Alliance (IDSA), a nonprofit that provides vendor-neutral education and resources to help organizations reduce the risk of a breach by combining identity and security strategies, today announced registration is now open for the Identity Management Day Virtual Conference 2024. The free one-day event will take place on Identity Management Day, April 9, 2024.

Key Points:

The free one-day event will take place on Identity Management Day, April 9, 2024.
The fourth annual Identity Management Day, presented by the IDSA, the Secure Identity Alliance , and IdentityXP , in partnership with the National Cybersecurity Alliance (NCA), and co-chaired by Saviynt , will be a 24-hour-long event.
Nominate an Individual or Organization for an Identity Management Award: Recognize individuals and organizations making identity management and security an enabler to business operations while reducing risk.
Become an Identity Management Champion : Identity Management Champions have made identity management and security foundational to their mission.

Identity Defined Security Alliance Opens 2024 Identity Management Awards Submissions and Identity Management Day Champion Program

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星期三, 一月 24, 2024

Synthetic media, CyberArk, StrongDM, Artificial intelligence, Partnership, Identity, Prospectus, Risk, IDSA, Generative, Zero trust security model, Emerging technologies, Organization, NCA, Risk management

NEW BRAUNFELS, Texas, Jan. 24, 2024 /PRNewswire/ -- The Identity Defined Security Alliance (IDSA), a nonprofit that provides vendor-neutral resources to help organizations reduce the risk of a breach by combining identity and security strategies, today announced that submissions are open for the fourth annual Identity Management Awards. Additionally, all industry partners, end-user organizations, and individuals committed to improving the security of digital identities are invited to become Identity Management Day Champions.

Key Points:

Identity Management Day is about more than awareness; it's a day to acknowledge leaders and organizations who prioritize identity security as a crucial component of their daily mission.
The 2024 Identity Management Awards honor leaders and organizations who not only exemplify the significance of identity management and security but also advocate for it as a priority and share best practices.
The 2024 Identity Management Awards feature four categories:
Identity Management Project of the Year – Enterprise: For end-user organizations that have implemented an identity management and security project that exemplifies the use of identity management best practices while providing overall value to the business.
Identity Management Project of the Year – SMB: For end-user organizations with less than 1,000 employees that have implemented an identity management and security project that exemplifies the use of identity management best practices while providing overall value to the business.

Privileged Access Management Market worth $7.7 billion by 2028- Exclusive Report by MarketsandMarkets™

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星期二, 十一月 7, 2023

Privileged accounts in the healthcare system provide access to sensitive patient data, medical histories, and billing information, making them prime targets for cyber adversaries.

Key Points:

Privileged accounts in the healthcare system provide access to sensitive patient data, medical histories, and billing information, making them prime targets for cyber adversaries.
This PMaaS offering provides comprehensive planning, implementation, and ongoing management to assist organizations in safeguarding their privileged accounts from cyber threats.
It aims to enhance privileged access management and identity security, helping organizations protect their critical assets effectively.
Privileged Access Management Market Advantages:
PAM systems, which regulate, monitor, and audit privileged access, greatly increase the security of an organization's IT infrastructure.

Privileged Access Management Market worth $7.7 billion by 2028- Exclusive Report by MarketsandMarkets™

Retrieved on:

星期二, 十一月 7, 2023

Privileged accounts in the healthcare system provide access to sensitive patient data, medical histories, and billing information, making them prime targets for cyber adversaries.

Key Points:

Privileged accounts in the healthcare system provide access to sensitive patient data, medical histories, and billing information, making them prime targets for cyber adversaries.
This PMaaS offering provides comprehensive planning, implementation, and ongoing management to assist organizations in safeguarding their privileged accounts from cyber threats.
It aims to enhance privileged access management and identity security, helping organizations protect their critical assets effectively.
Privileged Access Management Market Advantages:
PAM systems, which regulate, monitor, and audit privileged access, greatly increase the security of an organization's IT infrastructure.

Cloud Infrastructure Entitlement Management (CIEM) Market worth $7.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

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星期三, 六月 7, 2023

Organizations in the BFSI vertical are eliminating the substantial capital costs of running and maintaining complex on-site IT facilities.

Key Points:

Organizations in the BFSI vertical are eliminating the substantial capital costs of running and maintaining complex on-site IT facilities.
Government initiatives to ensure cloud security are also driving the adoption of cloud computing in the region.
By preventing identity-based threats caused by misconfigured cloud entitlements, CIEM empowers organizations to enhance their cloud security posture.
Cloud Infrastructure Entitlement Management (CIEM) Market Advantages:
For cloud environments, CIEM systems offer strong security controls and access management capabilities.

Cloud Infrastructure Entitlement Management (CIEM) Market worth $7.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

星期三, 六月 7, 2023

Organizations in the BFSI vertical are eliminating the substantial capital costs of running and maintaining complex on-site IT facilities.

Key Points:

Organizations in the BFSI vertical are eliminating the substantial capital costs of running and maintaining complex on-site IT facilities.
Government initiatives to ensure cloud security are also driving the adoption of cloud computing in the region.
By preventing identity-based threats caused by misconfigured cloud entitlements, CIEM empowers organizations to enhance their cloud security posture.
Cloud Infrastructure Entitlement Management (CIEM) Market Advantages:
For cloud environments, CIEM systems offer strong security controls and access management capabilities.

StrongDM Announces the First Dynamic Access Management Platform

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星期二, 三月 28, 2023

StrongDM , the dynamic access company, today announced the launch of the StrongDM™ Dynamic Access Management (DAM) platform.

Key Points:

StrongDM , the dynamic access company, today announced the launch of the StrongDM™ Dynamic Access Management (DAM) platform.
StrongDM Dynamic Access Management fundamentally reimagines secure infrastructure access by integrating with the entire tech stack from legacy on-prem Oracle and DB2 to cloud-hosted Snowflake and Kubernetes.
This extends secure access to all technical staff while eliminating friction and improving ease of access and access management for everyone from developers to the C-Suite.
“Better Mortgage uses StrongDM to implement Just-In-Time dynamic access, eliminating credentials and reducing risk by enforcing least privileged access."