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

Dec 15, 2021•over 3 years ago

Amount Raised

$70 Million

Round Type

series b

Palo Alto

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.

Company Information

Company

Ermetic

Location

Palo Alto, California, United States

About

Ermetic helps prevent breaches by reducing the attack surface of cloud infrastructure and enforcing least privilege at scale in the most complex environments. The Ermetic SaaS platform provides comprehensive cloud security for AWS, Azure and GCP that spans both cloud infrastructure entitlements management (CIEM) and cloud security posture management (CSPM). 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, Forgepoint, Glilot Capital Partners, Norwest Venture Partners, Qumra and Target Global. Visit us at https://ermetic.com/ and follow us on LinkedIn, Twitter and Facebook.

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