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Dymium raised $7M in funding led by Two Bear Capital and angel investors to advance product development and expand sales and marketing teams.

Mar 20, 2024over 1 year ago

Amount Raised

$7 Million

Los GatosSecurityData CenterSoftware

Investors

Angel InvestorsTwo Bear Capital

Description

Dymium, a data access management company based in Los Gatos, CA, announced a $7 million funding round led by Two Bear Capital and angel investors. The funding will be used to advance product development and expand sales and marketing teams.

Company Information

Company

Dymium

Location

Los Gatos, California, United States

About

Dymium is addressing one of the most pressing issues organizations are faced with today: how to securely and cost-effectively manage the data access requirements across a proliferation of data in the midst of an advancing world of cloud technology, data analytics, distributed development environments and AI-projects.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers