Procyon Inc., a provider of secure access management for multi-cloud enterprise infrastructure, has raised USD 6.5 million in funding for the launch of its privileged access management platform, which the company claims will revolutionize how DevOps teams and developers access cloud services.
GTM Capital and First Rays Venture Partners joined Lobby Capital in leading the investment round. Sukhesh Halemane, co-founder and CEO of Procyon, and Akash Agarwal, chief business officer, told SiliconANGLE that as multicloud environments become more common, accessing them securely has grown more complicated and challenging for developers.
The Procyon Multi-Cloud Privilege Access Management platform offers a solution that enables passwordless technology, quick access to what developers need, and sufficient privileges to perform their tasks.
Read More: Procyon raises $6.5M to provide multicloud access management for DevOps teams