Strata Raises $11M in Series A Funding

– Strata is a distributed multi-cloud identity orchestration company based in Boulder, Colorado.
– The company raised $11m in Series A funding.
– The round was led by Menlo Ventures with participation from ForgePoint Capital.
– The new investment will be used to scale research & development, go-to-market, sales, marketing, and customer success for its Maverics platform.