April 28, 2023 08:00 AM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Smallstep Labs, Inc. today announced that it has raised $26 million in total funding including a seed round of $7M led by boldstart ventures with participation from Accel Partners, Bain Capital Ventures and Upside Partnership, LLC., and a Series A of $19 million led by StepStone Group with participation from existing investors. The funding will be used to expand Smallstep’s focus on creating products for practical zero trust by investing in their open source community, and accelerating research and development to bring new features and expertise to securing infrastructure.
