SAP Systems Provider ERP Maestro Secures $12 Million

ERP Maestro, a provider of cloud-based access control, security auditing, and risk reporting solutions for SAP systems, completed a $12 million funding round led by Aspen Capital, with further investment from AdvancedStage Capital.

According to the company, its SaaS solution accelerates access risk detection, prevention, and compliance in the SAP environment with segregation of duties analysis, access certification, emergency access, and compliant user provisioning. Addressing the rising number of internal cybersecurity threats, the cloud-based solution is designed to reduce implementation time, hardware, and configuration expense while delivering visibility into potential internal cybersecurity risks in SAP systems to facilitate prevention of these threats.

The company plans to use this funding to scale operations, expand its product suite, and leverage the platform’s cloud integration capabilities into new markets.