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Venture Capital News: Ermetic Closes $70M Series B Round

2021-12-15
PALO ALTO, CA, Ermetic, a cloud infrastructure security company, has closed a $70M Series B round of financing led by Qumra Capital.
Ermetic, a cloud infrastructure security company, 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.

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).
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