Madison Genthry 
strongDM, a leading secure infrastructure access management provider, recently raised $54M Series B led by Tiger Global, a venture capital firm.
The company announced that the funding would be used to tackle secure infrastructure access management challenges and expand their product offerings.
This article will explain how strongDM’s technology and approach make it a leader in secure infrastructure access management.
Overview of strongDM
strongDM is a secure infrastructure access management company providing easier and safer access to modern cloud applications, databases and servers. According to the company, strongDM’s mission is broadly to unlock an organization’s data by delivering “unparalleled control, transparency and trust during access” with solutions that “strike an impactful balance between convenience and security.”
Rather than manual configurations or establishing separate VPN gateways and identity management solutions, strongDM actively aggregates all infrastructure through the company’s secure infrastructure access platform. As a result, developers, administrators and other users are given single-click access to any internally established resource. The system also obviates the need for hard-coding credentials, eliminating both credential theft risk as well as errors caused by manually typing them in. Through integration with existing identity providers such as Okta and Microsoft 365 Enterprise Mobility + Security, organizations can create single source of truth governance models while making IT administration far more straightforward.
In addition to being a more reliable solution for efficient IT management – particularly automating provisioning processes without sacrificing any data privacy nor security protocols – strongDM enables organizations of all sizes audit who is accessing resources via granular wayfinding capabilities within networks that stronger complicate user identities with numerous parameters. In addition to their proprietary backend platform for authentication systems, strongDM also provides API SDM tools that extend the organization’s current network into a hybrid system, much like creating an identical portal between existing legacy procedures while providing peace of mind in terms of modern privacy considerations form SAAS systems.
Overview of the Series B Funding
In June 2020, strongDM, the leading secure infrastructure access management provider, announced it had raised a $54 million Series B financing round led by Tiger Global and joined by existing investor Bessemer Venture Partners. The new funding will help to further develop and expand strongDM’s core technology platform which has become an industry standard for managing secure and continuous access to critical software resources.
The additional capital will enable the company to continue its global expansion – building out in the Asia Pacific region, strengthen their portfolio of products (including integrating their recently launched Access Compliance Module) and hire world-class talent. By bringing on Tiger Global as a lead investor, they are able to leverage the firm’s nearly 25 years of combined experience in investing in high-growth companies globally.
The Series B funding serves as recognition of strongDM’s pioneering approach to infrastructure access management that improves security while increasing productivity within modern hybrid cloud environments. As businesses continue to migrate workloads into public clouds, organizations need robust protection from outages or unauthorized access from internal or external sources. With strongDM managing user protocol encryption and authentication mechanisms such as multi-factor authentication, Single Sign On (SSO), Role Based Access Control (RBAC), Transport Layer Security (TLS), Kerberos authentication and Certificate Based Authentication, businesses can ensure only authorized users will gain access across multiple networks—from moving files securely through SFTP connections with level restrictions for user accounts to securely changing passwords remotely without exposing any credentials over the wire.
Technology
strongDM’s technology offers a powerful way to approach secure infrastructure access. Using strongDM, users can securely access any infrastructure on any cloud provider with zero trust access, eliminating the need for manual authentication.
strongDM also provides role-based access control (RBAC) and single sign-on (SSO) capabilities, allowing users to have a secure and seamless access experience.
We will explore the technology powering strongDM and how its approach to secure infrastructure access is transforming the way people access and manage their infrastructure.
strongDM Raises $54M Series B Led by Tiger Global to Transform Secure Infrastructure Access Management
StrongDM is a leading provider of secure infrastructure access management solutions. It seeks to provide organizations with complete visibility and control over the access of their IT infrastructure, and to reduce the amount of time and cost associated with granting or revoking privileged access. The company’s primary offerings are its flagship tool, which simplifies infrastructure security management for IT teams; and its Guardian client monitoring solution, which detects and stops malicious activity in real-time, by alerting IT administrators when suspicious user behavior is detected.
StrongDM’s technology enables it to recognize patterns in user behavior and establish reliable security controls quickly. The platform works by verifying that users have the appropriate permissions to access a given asset before granting them access; if users do not have permissions to gain access, then they will be blocked from the system. Additionally, StrongDM allows customers to set granular configuration policies which restrict user privileges across multiple systems or applications. StrongDM also offers an auditing feature which can trace back all changes made in system configurations and any data stored on it.
To ensure that sensitive data remains secure, StrongDM leverages advanced cryptography algorithms such as Elliptic Curve Cryptography (ECC), Digital Signature Algorithms (DSA), SHA-2 (Secure Hash Algorithm 2) alongside anomaly detection in order to prevent unauthorized authentication requests from accessing corporate networks or web applications. Furthermore, Guardian helps prevent malicious actors from entering networks by monitoring for suspicious user activity that could be indicative of compromised credentials or fraudulent attempts at accessing sensitive data before flagging these type of incidents for further investigation.
Overall, strongdesigns’s secure infrastructure access management platform emphasizes control over every network user’s activity so threats can be identified early on within an organization’s environment. These features provide customers with complete trust while navigating securely through their digital work environments – knowing there are protocols constantly working towards protecting their businesses’ reputation, confidential information, partner suppliers and more importantly their employees’ safety online.
Benefits of strongDM’s technology
StrongDM offers a state-of-the-art secure infrastructure access management solution that eliminates the challenges posed by traditional access management tools, such as password and authentication management, security policy enforcement, user onboarding and offboarding, remote access/VPN connection monitoring, encryption key rotation and more.
The strongDM technology helps organizations easily manage, monitor and protect privileged accounts in a single platform to reduce the risk of compromise due to malicious actors. The platform provides real-time user tracking that shows who is accessing which systems at any given time. It also automates administrative processes such as establishing new user onboarding workflows, enforcing compliance policies across the organization’s IT environment and rotating encryption keys for data at rest.
The strongDM platform is completely automated, meaning there is no need to manually configure or manage settings or credentials—all policy enforcement activities are scheduled in streamlined ways ensuring optimal compliance postures are in place 24/7. This also reduces total cost of ownership (TCO) costs since users no longer need specialized training or experience managing their IT infrastructure components which often results in costly mistakes over time.
Overall, strongDM’s technology provides a comprehensive approach to secure infrastructure access management that enables organizations confidentially manage their privileged users while ensuring compliance with industry best practices. Enjoy additional benefits such as enhanced transparency of operations with real-time auditing capabilities backed by deep insights into your environment’s security posture; fine motor control over employee-level access through granular control points such as User Access Links; integrated service layer support for modern applications; enhanced security through custom role creation for each team member; independent logging capabilities for quicker resolution times during incidents; adherence of organizational policies by having all activities logged; flexible deployment options (hosted or on premises); simplified provisioning process flow equivalent to outsourcing Identity Access Management (IAM); zero trust network capability making it nearly impossible for malicious actors to gain unapproved system access or credentials with minimal time investment from IT admins; whitelist authentication model allowing only approved actions from certified client devices and robust protection from insider threat scenarios.
How strongDM’s technology works
strongDM’s technology is uniquely designed to provide secure and reliable infrastructure access management for organizations of all sizes. The company’s mission is to make network and infrastructure access easy, secure, and scalable regardless of the size of the organization’s IT footprint.
strongDM’s approach features an intuitive, centralized dashboard with role-based access control that securely manages and audits user activity across multiple vendors and technologies throughout the entire organization. It integrates with the organization’s authentication systems to ensure that users are only provided access on a need-to-know basis.
At its core, strongDM is built on a zero trust model, meaning it relies on data encryption technologies like AES256 to protect privileged credentials across its framework protecting against potential threats, including insider risk. strongDM also utilizes a number of other security protocols such as segmentation, multi-factor authentication (MFA), one-time passwords (OTP), session recording, audit logging, single sign-on (SSO), virtual desktops (VDI) isolation, JIT approvals & enforcement policies.
These features provide organizations with an extra layer of security for their cloud deployments as well as additional visibility into user activities without interrupting their workflows. With this comprehensive technology solution in place, businesses can rest assured that their sensitive information is always kept safe no matter how quickly or drastically their IT setup evolves over time.
Approach
StrongDM is a comprehensive secure infrastructure access management tool designed to make it easy to centrally manage and audit access to critical IT infrastructure. It’s approach is to make security an enabler that IT teams can access quickly and easily. Its technology is designed to help organizations gain compliance and reduce risk.
In this article, we’ll explore StrongDM’s approach and technology in more detail.
Overview of strongDM’s approach to secure infrastructure access management
At strongDM, we believe all companies should have a secure and reliable way of accessing, managing, and monitoring their infrastructure. Our approach is to provide the most comprehensive and secure access management solution for our customers. We serve organizations of all sizes regardless of their infrastructure type or user base—single login via SSH or GUI from anywhere—without risks posed by legacy solutions.
The strongDM approach to secure infrastructure access management leverages our flagship providing, strongDM Gateway FTL, to enable direct control over users’ internal frameworks without VPN connection or manual configuration per device. This simplifies the onboarding process while drastically increasing security against malicious actors who may target critical systems using stolen credentials or other forms of cyberattacks. To further secure against malicious actors, our platform also includes threat detection capabilities that allow organizations to quickly detect unauthorized access attempts across their IT networks and systems.
Ultimately, we provide top-tier security that enables organizations to accelerate business as they embrace an age of digital transformation without worry about complex setup steps or insecure entry points into sensitive data systems. By boosting security through identity-driven visibility and control over a unified access environment, we seek to simplify operations for organizations large and small alike so everyone can stay confident in the security of their digital assets.
Advantages of strongDM’s approach
strongDM’s approach stems from the strategic shift in infrastructure access management offerings. By providing seamless control and visibility regardless of backend systems, strongDM empowers engineers to confidently and securely manage remote access to any type of application, environment, or database.
Advantages of this approach include:
- Increased simplicity – strongDM’s unified platform makes it easier to securely manage access controls across a hybrid infrastructure.
- Reduced time to deploy – strongDM accelerates the process of getting applications up and running with centralized controls that eliminate tedious steps like pre-authorizing individual users.
- Enhanced security – Improved authentication methods and end-to-end encryption ensure data is only accessed by the right people at the right time.
- Improved visibility – Having a single view into who has access to what simplifies auditing requirements. This helps reduce potential compliance issues before they arise as well as facilitate proactive security steps such as revoking unused credentials for improved risk management.
How strongDM’s approach differs from other solutions
strongDM takes a holistic and transparent approach to secure infrastructure access management. By providing admins the ability to manage, share, audit and secure the remote access themselves and continuously enforce privileges through automated rotation and enforcement features, strongDM eliminates the need for expensive manual processes when logging into third-party systems.
Due to its open architecture, strongDM provides admins with a central view of all access — eliminating security blind spots — as well as real-time visibility into inbound connections across every system for improved compliance. It also provides unified splunking capability across multiple data sources, enabling admins to detect intrusion attempts instantaneously and spot vulnerabilities in their infrastructure.
Amongst other solutions which exist in the space today, strongDM’s strength lies in its unique platform that offers a complete solution to manage access end-to-end by unifying all areas of authentication at scale while leveraging builtin orchestration logic that supervises privileged access continuously and revokes connections when activity goes outside of established parameters set by the admin. This allows companies to have full visibility into their environment and ensures that every user is compliant with any established policy or regulation. Additionally, it eliminates manual process when dealing with connection logs –providing users with both an improved user experience which increases productivity without compromising security–and lock down heterogeneous environments for more standardized audit capabilities through automation. These approaches ensure customers are always compliant when using strongDM’s product -no matter how complex their actual environment is – making it stand out from other solutions available today in this market segment.
Impact
StrongDM’s technology and approach can have a major impact on secure infrastructure access management. By raising $54 million in its series B, StrongDM is able to innovate and provide businesses with a leading infrastructure access management platform.
The platform is designed to reduce security risks, increase productivity and streamline access processes. This article will discuss the impact of the StrongDM platform on the secure infrastructure access management landscape.
Impact of strongDM’s technology and approach on the industry
With their innovative technology and approaches, strongDM plans to revolutionize the secure infrastructure access management sector. By creating a single gateway to managed servers, databases, and Kubernetes clusters, they are reducing risk while enabling secure and authorized access. strongDM holds patents on six of its core technologies that have securely enabled over 200 global companies with robust cross-platform access control.
The impact of strongDM’s technology and approach can be seen across the industry. It has improved security of infrastructure components while not compromising on user accessibility because of its intuitive solution which simplifies use and makes it easy to service a wide variety of cloud platforms. This development has led to an increase in adoption rate for their product as more organizations strive for a secure solution for granting cloud server access with modern authentication mechanisms.
Recently, strongDM was able to raise $54 million in a Series B funding round led by Tiger Global Management, indicating increased support from investors who recognize the potential of their technology in transforming how organizations manage user access to secure applications. These funds will allow them to continue developing their product offerings and expanding its impact across the industry by improving secure infrastructure access management.
Impact of strongDM’s Series B funding
The Series B funding of strongDM, an innovative secure infrastructure access management solution provider, led by Tiger Global is estimated at $54 million. This will be used to improve strongDM’s current platform capabilities and expand their services globally. The funding round is backed by existing investors Bain Capital Ventures and Operator Partners, in addition to new investor Exelon Corporation’s Constellation division.
The secure infrastructure access management platform’s capability was expanded beyond data base management through its integration with AWS, HashiCorp and Kubernetes platforms. This development led to strongDM becoming the only unified solution that bridges legacy and cloud-native infrastructures, simplifying DevOps workflow across both systems.
The Series B funding has allowed strongDM to further develop its innovative product offerings by increasing the level of accessibility for DevOps teams across different system architectures and addressing the ever-changing security dynamics in the era of digital transformation and cloud computing. It has also enabled it to empower global organizations for on-premises as well as cloud security operations without compromising one or other’s security needs through industry-specific solutions such as StrongCore with integrated authentication options like SSO, SAML/ADFS 2.0/LDAP/Windows native auth protocols, identity federation options like AD/Azure AD, restrictive IP based control withVPN-level security features such as full audit trail logs etc., along with automated administrator rights enforcement policies across multiple deployments including AWS EKS K3S along with GCP AKS / C1K Microsoft Azure AKS services tighly integrated into existing workflows allowing teams swift access requests whereas simultaneously bridging critical gaps between IT administrative workflows (Infrastructure as Code) etc.. In a nutshell, this raised funds are going to enable enterprises to enable Digital Transformation quickly while also meeting regulatory compliance (PCI DSS) demands irrespective of their underlying system architecture – i.e upto 40% scalability along with secured VPN over public internet connection within few clicks thereby making already available fully compliant secured datacenter accessible within a few minutes!
