P0 Security, an early-stage startup building technology for secure cloud access, has banked a fresh $15 million in Series A funding as investors continue to focus on the identity and access management space.
The San Francisco company said the new capital came from SYN Ventures, Zscaler, and Lightspeed Venture Partners, bringing P0 Security’s total funding to $20 million.
P0 Security also announced the appointment of SYN Ventures operating partner Ryan Permeh to its board of directors.
The company is pitching itself as an alternative to traditional approaches to access governance and identity security with technology to help corporate security engineers lock down access to the cloud for users and developers.
“The explosion of cloud resources, data locations and identities — both human and non-human — are exponentially expanding access paths to sensitive data and critical infrastructure, rendering traditional methods ineffective,” P0 Security said in a note announcing the financing.
“We’ve seen tremendous traction since P0 Security emerged from stealth just ten months ago,” said Shashwat Sehgal, CEO and co-founder of P0 Security. He said legacy access governance and identity security tools were designed to govern human access to enterprise applications, warning that the explosion of the cloud brings new challenges to enterprise defenders.
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