Jane Edwards
Remediant, a San Francisco-based privileged access management software provider, has secured $15M in a round of Series A funding led by Dell Technologies’ investment arm and ForgePoint Capital. Remediant said Thursday that it will use the funds to expand its field and marketing operations, customer success and channel initiatives and product engineering efforts.
“We’re grateful to have the support of Dell Technologies Capital and ForgePoint Capital to help us execute on our mission to change the PAM landscape, as we offer a new way to protect organizations from data theft via stolen credentials,†said Tim Keeler, CEO and co-founder of Remediant.
Companies in the defense, health care, personal finance, biotech and media sectors have adopted Remediant’s SecureONE PAM platform, which works to counter threats of credential theft, admin over-provisioning and lateral movement through the Just-in-Time Administration approach for managing privileged access.
