What is Smallstep Labs?
Smallstep Labs operates at the intersection of developer productivity and enterprise-grade security. By transforming complex security best practices into an accessible, open-source toolkit, the company enables engineers to automate the management of x.509 and SSH certificates across diverse workloads, devices, and development environments. This approach effectively removes the friction typically associated with identity and access management, allowing organizations to maintain robust security postures without sacrificing operational velocity. As a leader in the infrastructure security space, Smallstep Labs is redefining how modern teams handle cryptographic identity, moving away from manual, error-prone processes toward a scalable, automated framework that empowers developers to secure their own infrastructure effectively.
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
A prominent venture capital firm with extensive experience in scaling enterprise technology companies, managing billions in committed capital across diverse sectors.
Accel
A global venture capital firm that partners with exceptional teams from inception through all phases of private company growth, focusing on innovative technology startups.
What's next for Smallstep Labs?
With the recent influx of capital, Smallstep Labs is poised to transition from its current growth phase into a broader market expansion strategy. The company intends to leverage this investment to deepen its engineering capabilities, focusing on the integration of its certificate automation tools into cloud-native ecosystems. By prioritizing the scalability of its open-source offerings, Smallstep Labs aims to solidify its position as the industry standard for identity-based security. Future strategic initiatives will likely involve expanding its enterprise support infrastructure and enhancing its suite of tools to address the evolving requirements of distributed, multi-cloud environments, ensuring that security remains a seamless component of the software development lifecycle.
See full Smallstep Labs company page