Procyon: Raises $6.5M in Equity Funding

Procyon Raises $6.5M in Equity Funding

  • Procyon, a Santa Clara, CA-based provider of a Privilege Access Management platform built for multi-cloud environments, raised $6.5M in Equity funding
  • The round was led by Lobby Capital with participation from GTM Capital and First Rays Venture Partners
  • The company intends to use the funds expand operations and its business reach
  • The company provides a Privilege Access Management solution built for multi-cloud and API based infrastructure
  • It enables enterprises to manage privileges and access to critical resources by leveraging networking, passwordless, and self-service capabilities
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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