Strata Identity Raises $11M in Series A Funding Led by Menlo Ventures for Technology that Revolutionizes Multi-Cloud Identity

19 Feb, 2021

Strata Identity Raises $11M in Series A Funding Led by Menlo Ventures for Technology that Revolutionizes Multi-Cloud Identity
Photo by Samson on Unsplash

– Strata identity raises $11m in Series A funding led by Menlo Ventures for technology that revolutionizes multi-cloud identity.
– The company’s founders co-authored the SAML standard used today to transparently provide cross-cloud identity and single sign-on (SSO) between web sites.
– Strata has built the first distributed identity orchestration platform, called Maverics™, to revolutionize the fast-growing $12B identity and access management (IAM) market.
– Strata will use the funds to scale research & development, go-to-market, sales, marketing, and customer success for its Maverics platform.
– Venky Ganesan, Partner at Menlo Ventures, has joined the company’s board of directors.

Cloud Data Services Identity Management Information Technology North America Software
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