Smallstep, a San Francisco, CA-based automated certificate lifecycle management for DevOps, announced that it raised $19 million in Series A, bringing Smallstep total funding to $26 million including a seed round of $7 million.
The Series A round was led by StepStone Group, with participation from existing investors.
The funding will be used to expand Smallstep’s focus on creating products for practical zero trust by investing in their open-source community and accelerating research and development to bring new features and expertise to securing infrastructure.
Company: Smallstep Labs, Inc.
Raised: $19.0M
Round: Series A
Funding Month: April 2022
Lead Investors: StepStone Group
Additional Investors:
Company Website: https://smallstep.com/
Software Category: Automated Certificate Lifecycle Management
About the Company: Founded by Mike Malone, Smallstep focuses on automated certificate management, a critical foundation for DevOps teams to establish practical zero trust. Smallstep turns security best practices into an open-source toolkit that empowers any developer or operator to secure their infrastructure properly. Smallstep is backed by an experienced team from leading developer-first companies including Sauce Labs, Minted, Kenna Security (Cisco), Let’s Encrypt (Internet Security Research Group), Pivotal, and Dell EMC. Each member of the team at Smallstep has experienced the pain of certificate management in Kubernetes, Docker, cloud-native, on-premise, and more – and seeks to bring production identity to every environment.
Source: https://www.businesswire.com/news/home/20220428005445/en/Smallstep-Secures-26M-in-Funding-to-Further-Practical-Zero-Trust-by-Automating-Certificate-Management