What is Smallstep Labs?
Smallstep Labs is dedicated to transforming security best practices into an accessible open-source toolkit, empowering developers and operators to fortify their infrastructure. The company's core belief is that by simplifying security for all, a more secure digital ecosystem is achievable. Smallstep provides solutions for automating X.509 and SSH certificates across all workloads, devices, and developer environments, making robust security attainable for a wider audience.
How much funding has Smallstep Labs raised?
Smallstep Labs has raised a total of $19M across 1 funding round:
Series A
$19M
Series A (2022): $19M with participation from Bain Capital Ventures and Accel
Key Investors in Smallstep Labs
Bain Capital Ventures
Bain Capital Ventures LLC is the venture capital division within Bain Capital, focusing on early-stage investments. They manage significant committed capital and have a history of backing successful technology companies.
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth, focusing on supporting innovative companies and entrepreneurs.
What's next for Smallstep Labs?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Smallstep Labs. This capital infusion is expected to accelerate product development, expand market reach, and further enhance its open-source security offerings. The company is well-positioned to capitalize on the increasing demand for streamlined and effective infrastructure security solutions, likely focusing on scaling its operations and deepening its impact within the developer community.
See full Smallstep Labs company page