Procyon

Procyon

Credential Sprawl Overprivileged Access Malicious Access. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€24—35m (Dealroom.co estimates Feb 2023.)
San Jose California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2022
Revenues<1m
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DateInvestorsAmountRound

N/A

Seed
*

$6.5m

Early VC
Total Funding€5.9m

Recent News about Procyon

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More about Procyoninfo icon
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Procyon.ai is a cutting-edge startup specializing in Modern Privileged Access Management (PAM) solutions tailored for cloud environments. The company operates in the cybersecurity market, focusing on protecting cloud infrastructures by automating risk analysis and managing permissions across multiple cloud platforms like AWS, GCP, and Azure.

Procyon.ai serves a diverse range of clients, including large enterprises and tech companies, particularly those with complex cloud environments. These clients benefit from Procyon's ability to provide seamless integration with existing tools, reducing friction for developers and enhancing security.

The business model of Procyon.ai is subscription-based, where clients pay for access to their secure, cloud-centric PAM platform. This platform offers a self-service portal for provisioning access, an Identity Analyzer for visualizing and prioritizing identity risks, and a Kill Switch feature to terminate sessions immediately if suspicious activity is detected. Additionally, Procyon.ai provides compliance visibility, ensuring that every resource, user, and policy is monitored and governed effectively.

Procyon.ai makes money by offering tiered subscription plans based on the level of service and features required by the client. This model ensures a steady revenue stream while allowing clients to scale their usage as their needs grow.

In summary, Procyon.ai is revolutionizing cloud security by providing an out-of-the-box Multi-Cloud Privileged Access Management solution that minimizes attack surfaces and secures sensitive data. Their platform is designed to reduce developer friction and enhance security, making it a highly relevant product in today's market.

Keywords: Cybersecurity, Cloud Infrastructure, Privileged Access Management, Risk Analysis, Multi-Cloud, AWS, GCP, Azure, Identity Governance, Compliance.