+ Equity Incentive Plan
3 days a week in office
Identity orchestration for multi-cloud environments
Open for applications
Identity orchestration for multi-cloud environments
21-100 employees
Open for applications
+ Equity Incentive Plan
3 days a week in office
21-100 employees
To secure identity for all apps, on all clouds and identity providers.
Desirable
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 - and sometimes, as with M&As, it’s just the bloat involved with combining multiple businesses. The more clouds, however, the more decentralized (and therefore cumbersome) the management of access privileges, as each clouds uses a different IAM.
So Strata Identity’s Maverics platform provides an increasingly valuable service to a growing addressable 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, including more dated legacy systems that aren’t easily interoperable.
Strata Identity 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 growingly competitive - startups like Ping Identity and Okta have grown astronomically, and of course there’s competition from major players like Microsoft - this could in fact 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
Jan 2023
$26m
SERIES B
Feb 2021
$11m
SERIES A
Whittier, Boulder, CO
Topher Marie
(CTO)Previously the co-founder and CTO of JumpCloud, then moved into a Product Owner role at Auth0, followed by an Oracle position as Lead Identity Architect.
Eric Leach
(CPO)Logged five years at Salesforce, ultimately serving as VP of Product Management. Moved into a similar role at Apcera, then Oracle.
Eric Olden
(CEO)Previously founded and held leading roles at Securant Technologies, Symplified, and Launch Sciences. Subsequently served as CEO of Brite Content, then SVP/GM of Cloud Security and Identity Management at Oracle.
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