Tenacity, an Ann Arbor, Michigan-based SaaS platform that empowers businesses to thrive in a secure public cloud, raised $3 million in Seed Round.
The round was led by Hyde Park Angels, with participation from Sandalphon Capital, Base Investments UK, and others.
This funding will enable Tenacity to drive its go-to-market strategy further and enhance product roadmap development.
Round: Seed Round
Funding Month: October 2021
Lead Investors: Hyde Park Angels
Additional Investors: Sandalphon Capital and Base Investments UK
Company Website: https://www.tenacitycloud.com/
Software Category: Cloud Security
About the Company: Tenacity was created to help businesses seamlessly manage those key areas. The Tenacity SaaS platform empowers businesses to build secure, compliant, and cost-optimized businesses in the cloud with intelligently defined security rules, thoughtful automation, and seamless installation. Designed to be a “self-serve” solution the platform uses AI to provide actionable data related to security posture, spending insights, and compliance misconfigurations, eliminating the need for new staff or consultants. Since the company’s founding, it has provided comprehensive solutions to a wide range of mid-market enterprises.