-- Backed exclusively by Elephant following 340% year-over-year revenue growth, 
Atlanta-based cybersecurity company has already acquired nearly 100 customers 
since its first adoption in mid 2019; Hiring blitz to fill over 125 jobs in 
Atlanta and worldwide over next 12-months 

Atlanta-based SecurEnds ( 
https://c212.net/c/link/?t=0&l=en&o=3228351-1&h=2192314175&u=https%3A%2F%2Fwww.securends.com%2F&a=SecurEnds 
), a cloud-native Identity Governance company, today announced that it has 
closed a $21 million Series A led exclusively by Elephant ( 
https://c212.net/c/link/?t=0&l=en&o=3228351-1&h=888571270&u=https%3A%2F%2Felephantvc.com%2F&a=Elephant. 
). The investment - one of the largest A-rounds in Atlanta's burgeoning 
cybersecurity and tech startup ecosystem to date -  comes following an 
impressive 340% increase in year-over-year annual recurring revenue. Previously 
bootstrapped by its founders, SecurEnds now boasts nearly 100 customers and 
maintains prominent technology and reseller partnerships ( 
https://c212.net/c/link/?t=0&l=en&o=3228351-1&h=4172247609&u=https%3A%2F%2Fwww.securends.com%2Fpartners%2F&a=maintains+prominent+technology+and+reseller+partnerships 
) around the world. 

Logo - https://mma.prnewswire.com/media/1574214/SecurEnds_Logo.jpg

SecurEnds enables the world's most forward-thinking companies to fully automate 
user access reviews, entitlement audits, access requests, and segregation of 
duty. The platform helps organizations save valuable time on implementation and 
upkeep while reducing audit costs by as much as 60%. To meet rapidly 
accelerating demand, the funding will be primarily used to scale operations and 
product development, and for geographic expansion into untapped markets across 
Europe and Asia. 

"We've built the industry's first fully-cloud-native and configurable Identity 
Governance platform, empowering organizations to secure identities, protect 
against data breaches, and meet security and compliance needs," said Tippu 
Gagguturu, co-founder and CEO of SecurEnds. "The platform's ease-of-use allows 
organizations to rapidly build identity-driven cyber risk and compliance 
programs. We're thankful to Elephant for embracing our vision of democratizing 
Identity and Cloud Governance and look forward to working together as we 
continue to scale."

Over the next 12-months, SecurEnds intends to nearly triple its workforce, 
filling more than 125 sales, marketing, and product engineering roles both in 
the US and worldwide. As part of the transaction, Jeremiah Daly and Christopher 
De Souza, Partners at Elephant, will join the Board of Directors. 

"SecurEnds' rapid growth over the past two years has been particularly 
impressive when considering the many challenges brought on by the COVID-19 
pandemic and the highly competitive cybersecurity landscape," said Daly. "Both 
Chris and I believe Identity Governance is becoming more critical to businesses 
around the world and needs disruption. SecurEnds provides that disruption by 
delivering an innovative and elegant cloud-native solution that customers love. 
We are excited for a long and fruitful partnership that helps SecurEnds execute 
on their vision for the future of Identity Governance."

A New Approach to Governance for Identity, Data, and the Cloud
Organizations are accelerating their digital roadmap with their assets now 
spread between on-prem and cloud deployments. As part of their security and 
compliance needs, there is increasing demand for a SaaS-based product that can 
be easily stood up and allows them to achieve access certifications such as 
SOX, HIPAA, PCI-DSS, GDPR, and ISO 27001 even while undergoing a 
transformation. 

Leveraging AI and ML-enabled predictive analytics, SecurEnds has built a 
versatile product without the constraints of incumbent legacy on-prem 
solutions, providing high ROI, strong time to value, and lower total cost of 
ownership than legacy solutions in the market. The cloud-native suite of 
products bolt-on directly to existing customer applications, such as Active 
Directory, ServiceNow, Ping, Workday and Okta, among others, empowering 
organizations to achieve their desired risk and compliance standards.

"Customers gravitate to SecurEnds because we have simplified Identity and Cloud 
Governance by creating a business user centered product," said Deven Reddy, 
co-founder and COO. "We've carefully constructed our platform to have intuitive 
workflows that allow end-users without IGA expertise to meet compliance and 
security goals."

For more information, visit www.securends.com and follow @securends on LinkedIn 
and Twitter. 

About SecurEnds
SecurEnds provides a cloud born Identity Governance platform with multiple 
modules. Organizations can effectively manage Credential Entitlement Management 
(CEM), Access Certifications, Cloud Infrastructure Entitlement Management 
(CIEM), Access Requests, Identity Risk & Analytics, and Segregation of Duty 
(SoD). The company is based in Atlanta and is backed by Elephant. 

About Elephant
Elephant is a venture capital firm focused on the enterprise software, consumer 
internet, and mobile markets. To learn more about Elephant, please visit: 
https://elephantvc.com/.

SOURCE: SecurEnds

CONTACT: Evan Goldberg, evan@arpr.com