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2021

NEF Alumni, Tenacity raises $3M

Bill Taylor  /  October 11, 2021

NEF is proud to congratulate Jason Yaeger, CEO of Tenacity and graduate of NEF’s entrepreneur coaching process on a successful raise. Tenacity, a SaaS platform that empowers businesses to thrive in a secure public cloud, announced that it has raised $3 million. The round was led by Hyde Park Angels, with participation from Sandalphon Capital, Base Investments UK, and others. This funding will enable Tenacity to drive its go-to-market strategy further and enhance product roadmap development.

This exciting news signals the next phase of Tenacity’s journey, following an impressive 30% month-over-month growth rate since January 2021 and the integration of Microsoft Azure into the platform.

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