What is Smallstep Labs?
Smallstep Labs is dedicated to transforming security best practices into an accessible open-source toolkit. The company's mission is to empower developers and operators to properly secure their infrastructure, believing that simplified security benefits everyone. Their offerings focus on automating critical security elements like x.509 and SSH certificates for all workloads, devices, and developers, making advanced security attainable through user-friendly solutions.
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 Accel and Bain Capital Ventures
Key Investors in Smallstep Labs
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. The firm focuses on supporting innovative companies and entrepreneurs.
Bain Capital Ventures
Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $105 billion of assets under management worldwide. The firm's early-stage investments have included Staples, LinkedIn, Kiva Systems, Jet.com and Shopping.com.
What's next for Smallstep Labs?
The recent major strategic investment in Smallstep Labs, following its Series A funding, signals a strong confidence in the company's growth trajectory and its potential to further dominate the developer-centric security market. This capital infusion is expected to fuel product development, expand market reach, and enhance its open-source community engagement, solidifying its position as a leader in infrastructure security automation.
See full Smallstep Labs company page