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P0 Security raised $15M in a Series A funding round led by SYN Ventures to enhance cloud security for enterprises.

Sep 10, 2024over 1 year ago

Amount Raised

$15 Million

Round Type

series a

San FranciscoCloud SecurityNetwork SecurityCyber SecuritySecurity

Investors

Lightspeed Venture PartnersZscalerSyn Ventures

Description

P0 Security announced the closing of its $15 million Series A funding round, bringing its total raised to $20 million. The investment will be used to advance its unified platform for securing cloud identities.

Company Information

Company

P0 Security

Location

San Francisco, California, United States

About

P0 Security is the first unified IGA and PAM platform for the cloud that governs and secures all forms of access for both human and machine identities. Through its agentless architecture, the P0 Security platform deploys in minutes providing security teams complete visibility and control into who or what is accessing their clouds. The company aims to address the complexities of cloud access governance in today's environment. P0 Security is backed by notable investors including SYN Ventures and Zscaler.

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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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech