Wednesday, October 9, 2024
HomeFunding Apono Secures $15.5M Series A Funding

[Funding News] Apono Secures $15.5M Series A Funding

Apono is proud to announce the successful completion of its Series A funding round, raising $15.5 million to further its mission of delivering AI-driven cloud access governance.

This funding round, led by New Era Capital Partners with participation from Mindset Ventures, Redseed Ventures, Silvertech Ventures, and existing investors, brings Apono’s total investment to $20.5 million.

Read also – [Funding News] Mews Secures $100 Million Funding from Vista Credit Partners

Apono’s Co-Founder and CEO Rom Carmel highlights “Privileged access management and identity governance are converging, driving the need for more holistic identity and access security solutions, particularly within today’s dynamic cloud environments in which modern businesses operate.”

The influx of capital will be used to accelerate product development, drive innovation, and expand Apono’s reach in the U.S. market. But this investment represents more than just financial backing—it’s a strong endorsement of Apono’s vision to reshape how modern enterprises approach cloud identity and access management. 

New Era Capital Partners’ Ziv Conen underscores: “Apono’s innovative solution addresses critical challenges in the cloud access management space. This investment reflects our confidence in Apono’s vision and their ability to lead the market with cutting-edge technology and exceptional customer focus.”

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular