Fundz

Ermetic Closes $70M Series B Round Of Financing Led By Qumra Capital

PRIVATEDec 15, 2021

Amount Raised

$70 Million

Round Type

Series B

BostonSoftwareMedia And EntertainmentPrivacy And Security

Description

Ermetic, a leading cloud infrastructure security company, today announced it has closed a $70M Series B round of financing led by Qumra Capital with support from new investor Forgepoint Capital and participation from existing investors Accel, Glilot Capital Partners, Norwest Venture Partners and Target Global. The company has now raised $100M in funding for its security platform that provides holistic multi-cloud protection for global enterprise customers.

Quick answer

Ermetic raised $70 Million in a Series B round, dated December 15, 2021. Ermetic is based in Boston, Massachusetts, United States.

How much did Ermetic raise?
Ermetic raised $70 Million in a Series B round on December 15, 2021.
What does Ermetic do?
Ermetic is an identity-first cloud infrastructure security platform that provides holistic, multicloud protection in an easy-to-deploy SaaS solution.
Where is Ermetic based and how big is it?
Ermetic is based in Boston, Massachusetts, United States.
Who are the decision-makers at Ermetic?
Fundz holds 1 contact at Ermetic. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Privacy And Security around the same time

Companies in the same sectors as Ermetic that raised within 45 days of this round, from Fundz verified event records.

  • MSP raised an undisclosed amount (Funding Round) on January 11, 2022.
  • B2Digital, Inc. raised $34K (Seed) on January 28, 2022.
  • AaDya Security raised $3.1M (Seed) on January 27, 2022.
  • Censys raised $35M (Funding Round) on January 27, 2022.
  • AaDya Security raised $8.2M on January 26, 2022.
  • B2Digital, Inc. raised $300K (Seed) on January 26, 2022.

Who to call at Ermetic, and when

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Company Information

Company

Ermetic

Location

Boston, Massachusetts, United States

About

Ermetic is an identity-first cloud infrastructure security platform that provides holistic, multicloud protection in an easy-to-deploy SaaS solution. Ermetic helps prevent breaches by continuously analyzing permissions, configurations and behavior across the full stack of identities, network, data and compute resources. Using advanced analytics to assess, prioritize and automatically remediate risks, Ermetic makes it possible to reduce your attack surface and enforce least privilege at scale even in the most complex cloud environments. The company is led by proven technology entrepreneurs whose previous companies have been acquired by Microsoft, Palo Alto Networks and others. Ermetic has received funding from Accel, Glilot Capital Partners, Norwest Venture Partners and Target Global.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ermetic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.