Summary: Pomerium, the NextGen Access platform, has raised $13.75 million in a Series A funding round and announced its newest security platform offering, Pomerium Zero, which provides secure access to web applications and services without a corporate VPN.
Threat Actor: N/A
Victim: N/A
Key Point :
- Pomerium, a NextGen Access platform, has secured $13.75 million in a Series A funding round led by Benchmark.
- The company has also introduced Pomerium Zero, a security platform that offers secure access to web applications and services without the need for a corporate VPN.
- Pomerium follows an application-centric approach to enterprise security, providing faster and more secure access.
LOS ANGELES, June 20, 2024–(BUSINESS WIRE)–Pomerium, the NextGen Access platform, today announced it has raised a $13.75 million Series A funding round led by Benchmark, and general partner Eric Vishria will join the company’s board. Return investors Bain Capital, Haystack, SNR, and Oleg Rogynskyy, founder of People.AI, also participated in the round. Today Pomerium is also announcing its newest security platform offering, Pomerium Zero, a version of Pomerium offering both on-premise and hosted benefits when securing clientless connections to web applications and services without a corporate VPN.
After spending more than a decade in cybersecurity, CEO and founder Bobby DeSimone recognized flaws in the standard approach to enterprise security. Instead of focusing on a network-centric approach, Pomerium goes with an application-centric approach for seamless, context-aware access, eliminating the corporate VPN while providing faster, more secure access.
“I founded Pomerium because your security solution is only good if it’s usable – if it makes your employees’ lives harder, they’ll simply disable it or find a workaround,” says Pomerium CEO and founder, Bobby DeSimone. “Our clientless access approach means security becomes invisible to the user.”
Pomerium is an access platform that serves as a gateway between users and resources they need, ensuring only authorized individuals can reach protected assets. Acting as an intermediary, Pomerium proxies the traffic between users and resources, brokering access without ever exposing the resource directly to the user. By continuously verifying identity, access permissions, and context, Pomerium offers a more secure alternative to traditional session-based access solutions.
This architecture not only enhances security but also boosts productivity, benefiting developers, IT teams, and end-users alike. Pomerium ensures complete data privacy by handling data decryption and inspection within the company’s own infrastructure, reducing the risk of exposing sensitive information to third-party provider breaches.
“Pomerium, with open source at its core, is poised to create a massive shift in the way enterprises evaluate and buy cybersecurity,” said Eric Vishria, General Partner at Benchmark. “It’s the first time I’ve ever seen a security product speed up organizations instead of slow them down. Bobby and his team have done the impossible and created a security product that everyone in your company actually likes to use.”
Pomerium’s innovative approach is already transforming tech companies with cybersecurity companies like pomerium.com.
About Pomerium
Pomerium is a NextGen Access platform, built on the premise that access control requires fundamental rethinking in a world where networks can no longer be trusted. With an application-centric approach to security, Pomerium helps companies operate faster, better, and safer. Businesses of every size, from startups to Global Fortune 2000 companies, rely on Pomerium for their access control needs. Founded in 2019, Pomerium is backed by Benchmark, Bain Capital, Haystack, SNR, and Oleg Rogynskyy.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240620782474/en/
Contacts
Colin Mo
media@pomerium.com
Source: https://finance.yahoo.com/news/pomerium-announces-13-75m-series-140000833.html
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