Strata Identity
Identity orchestration for multi-cloud environments
- 21-100 employees
- B2B
- SaaS
- Cyber Security
- Identity
- Cloud Computing
- Whittier, Boulder, CO
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Company mission
To secure identity for all apps, on all clouds and identity providers.
18% employee growth in 12 months
Our take
By one account, over 90% of enterprises are using multiple cloud service providers. It gives them greater flexibility, more leeway for switching vendors, and helps with regulatory compliance. The more clouds, however, the more decentralized and cumbersome it becomes to manage privileges - as each cloud uses a different IAM.
Strata Identity’s platform addresses this, providing a valuable service to a growing market. It’s an abstraction layer designed to centralize operations across different cloud identity and datacenter systems, so they can all be operated from a common layer without rewriting applications. Importantly, this includes more dated legacy systems that aren’t easily interoperable.
The company has received impressive funding to scale sales and marketing, as well as invest in go-to-market and customer success initiatives. Whilst the identity management market is getting more competitive, this could play in the company's favor. This is because its platform helps stitch these different systems together, so the more of them out there to manage, the greater its value.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Jan 2023
$26m
SERIES B
Feb 2021
$11m
SERIES A
Total funding: $37.5m
This company has top investors