Procyon develops a Privilege Access Management (PAM) platform built for multi-cloud and API-based environments that enables enterprises to manage privileges and access to critical resources. The platform offers a customizable self-service portal for DevOps and IAM operations teams to request on-demand access. It enforces Zero Standing Privileges (ZSP) and Just-In-Time (JIT) access to reduce exposure from over-privileged accounts. Procyon supports strong device identity using Trusted Platform Module (TPM) chips to enable passwordless sign-in. The architecture includes compliance and governance features with support for standards like PCI and SOC2 plus audit logging and analytics. Led by CEO Sukhesh Halemane, the company raised funding and plans to use proceeds to expand operations and its business reach.

Total raised

$7M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2023