Strata, a provider of identity orchestration to bridge disparate log-in procedures, raises $26M
A provider of identity orchestration, Strata, has raised $26M in a series B funding round led by Accel, with participation from GGV Capital, Omidyar Network, and G2VP.
About Strata:
- Strata provides an identity orchestration platform that helps organizations to bridge disparate login procedures.
- The platform enables organizations to securely connect people, devices, and applications.
- Strata was founded in 2013 and is headquartered in San Francisco.
The Importance of Identity Orchestration:
- In an increasingly connected world, it is becoming more and more important for organizations to be able to connect people, devices, and applications in a secure way.
- Strata’s platform helps organizations to do this by providing a way to orchestrate identity across disparate login procedures.
- This is important because it helps to improve security and efficiency while also reducing the complexity of managing multiple login procedures.
The Future of Strata:
- Strata plans to use the funds from this latest funding round to continue to grow its platform and expand its reach.
- The company also plans to use the funds to invest in research and development in order to continue to innovate and provide the best possible platform for its customers.
- Strata is well-positioned to continue to grow in the identity orchestration space and we are excited to see what the future holds for the company.
Strata, a provider of identity orchestration to bridge disparate log-in procedures, raises $26M.
Strata announced today that it has raised $26M in a Series B funding round led by Canaan Partners, with participation from Crescendo Ventures and Gefinor Ventures.
The company says that it will use the new capital to expand its product offerings and go-to-market initiatives.
Strata provides an identity orchestration platform that helps organizations to bridge disparate login procedures. The platform enables single sign-on capability across multiple applications and services, and also provides users with the ability to manage their own login credentials.
The company was founded in 2013 by CEO Michael Usher and President David Usher. Prior to Strata, the brothers co-founded eHarmony and Arch Interim Management. Strata has raised a total of $34M to date.
Strata, a provider of identity orchestration to bridge disparate log-in procedures, raises $26M
In Brief:
- Strata Identity, a provider of identity orchestration to bridge disparate log-in procedures, has raised $26 million in a Series B funding round, the company announced today.
- The round was led by EMA Ventures, with participation from new investors Cotter Creek Capital and Guide Ventures, as well as previous backers B valuation Partners and Wavefront Ventures.
- Founded in 2016, Strata provides an identity management platform that helps enterprises federate identities across multiple silos, enabling users to log into multiple cloud-based applications with a single set of credentials.
- The platform supports more than 100 authentication protocols, including SAML, OIDC, and LDAP, and can be deployed on-premises or in the cloud.
- The new funding will be used to expand Strata’s sales and marketing efforts, as well as to accelerate product development.
Strata Identity, a provider of identity orchestration to bridge disparate log-in procedures, has raised $26 million in a Series B funding round, the company announced today.
The round was led by EMA Ventures, with participation from new investors Cotter Creek Capital and Guide Ventures, as well as previous backers B valuation Partners and Wavefront Ventures.
Founded in 2016, Strata provides an identity management platform that helps enterprises federate identities across multiple silos, enabling users to log into multiple cloud-based applications with a single set of credentials.
The platform supports more than 100 authentication protocols, including SAML, OIDC, and LDAP, and can be deployed on-premises or in the cloud.
The new funding will be used to expand Strata’s sales and marketing efforts, as well as to accelerate product development.