On May 2, 2024, strongDM, Inc. closed the transaction. The company announced that it has raised $34,000,000 in a round of funding led by new investor Anchor Capital GP LLC. The transaction also included participation from returning investors True Venture Management, LLC, Sequoia Capital Operations LLC, GV Management Company, LLC, and new investors Capital One Financial Corporation, Cisco Investments, Frontline Ventures Management Company Limited, Singtel Innov8 Pte.

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