Bloomberg Beta and HearstLab-backed IT authorisation tool developer StrongDM has added $17m to the $5m it had previously raised.
StrongDM, a US-based database access and compliance software developer backed by media companies Bloomberg and Hearst, has raised $17m in a series A round led by venture capital firm Sequoia Capital.
The round also featured all the company’s existing backers. It had received a total of about $5m from investors including Bloomberg Beta, the VC firm backed by Bloomberg, as well as Hearst unit HearstLab, Data Collective, SocialStarts, True Ventures, Laconia Capital Group and Jerry Neumann as of late…
