About Procyon
Procyon is a company based in Santa Clara (United States) founded in 2019 by Sukhesh Halemane. Procyon has raised $6.5 million across 1 funding round from investors including Lobby Capital, GTM Capital and First Rays Venture Partners. Procyon offers products and services including Privilege Access Management, Identity Analyzer, Self-Service Portal, and Passwordless Access. Procyon operates in a competitive market with competitors including TrustAuthX and OnzAuth, among others.
- Headquarter Santa Clara, United States
- Founders Sukhesh Halemane
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Sectors
Technology
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Phone
Locked
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Website
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Social
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- Legal Name Procyon Technologies Private Limited
- Date of Incorporation 04 Jan, 2023
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
Not available
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Net Profit
-$4.2 K (USD)0as on Mar 31, 2023
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EBITDA
-$3.15 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$6.5 M (USD)
in 1 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Feb 14, 2023
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Investors
Lobby Capital
& 2 more
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Employee Count
Not available
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Products & Services of Procyon
Procyon offers a comprehensive portfolio of products and services, including Privilege Access Management, Identity Analyzer, Self-Service Portal, and Passwordless Access.
Manages secure access to cloud resources with on-demand permissions.
Visualizes and remediates identity risks in multi-cloud environments.
Enables user access requests with automated approvals and controls.
Eliminates credentials to reduce sprawl and enhance security.
People of Procyon
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Funding Insights of Procyon
Procyon has successfully raised a total of $6.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.5 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Procyon
Procyon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Lobby Capital, GTM Capital and First Rays Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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Lobby Capital is engaged in funding innovative tech startups.
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GTM Capital is focused on investing in enterprise IT startups.
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A specialized seed fund is operated for enterprise infrastructure startups.
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Investor details for Procyon
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Investments & Acquisitions by Procyon
Investment portfolio details for Procyon
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Financial Statements - Procyon
Detailed financials for Procyon
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Procyon Comparisons
Peer comparison for Procyon
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Competitors of Procyon
Procyon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TrustAuthX and OnzAuth, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Low-code platform for authentication, user management, and security features.
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Delivers comprehensive passwordless authentication solutions.
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Detailed competitors of Procyon
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Latest news on Procyon
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Frequently Asked Questions about Procyon
Procyon was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Procyon is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Procyon is a funded company, having raised a total of $6.5M across 1 funding round to date.
Procyon was founded in 2019 and is headquartered in Santa Clara, United States, within the cybersecurity sector. A passwordless authentication platform is provided, featuring a self-serve portal for users to request resource access. Developers receive passwordless entry to these resources, while access restrictions to designated users are enabled. Multi-factor authentication and server access capabilities are incorporated into the system.
Procyon's top competitors include TrustAuthX and OnzAuth.
Procyon offers Privilege Access Management, Identity Analyzer, Self-Service Portal, and Passwordless Access.
Procyon has 3 investors. Key investors include Lobby Capital, GTM Capital, and First Rays Venture Partners.