The Series B funding was led by Third Point Ventures. Additional new investors include SIG and Alter Venture Partners and current investors Shasta Ventures and Unusual Ventures also participated in this round. The latest round brings the total investment in the company to $47 million.

Banyan Security provides secure, zero trust "work from anywhere" access to infrastructure and applications for employees, developers, and third parties without relying on network-centric solutions like VPNs. Deep visibility provides actionable insight while continuous authorization with device trust scoring and least privilege access deliver the highest level of protection without sacrificing end user productivity. Banyan Security protects tens of thousands of employees across multiple industries, including finance, healthcare, manufacturing, and technology.