Procyon Raises $6.5M in Equity Funding

USA – 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. Led by CEO Sukhesh Halemane, Procyon 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. The Procyon Multi-Cloud Privilege Access Management platform offers14/02/2023