Strata Identity, a Boulder, Colo.-based startup that is on a mission to help unify on-premises and cloud-based authentication and access systems for multi-cloud environments, today announced that it has raised $11 million through a Series A funding round led by Menlo Ventures with support from ForgePoint Capital.
With businesses increasingly using multiple cloud providers, managing identity and security policies across various cloud platforms can be challenging.
“The cloud has created an identity management crisis, with companies being forced to simultaneously manage on-premises and several different cloud provider systems to enforce security policies,” said Eric Olden, CEO of Strata.
Strata touts that it has “cracked the code” by allowing multiple cloud identity systems and older data center systems to be managed as one, and providing companies with the ability to centrally manage identity and security policies across different cloud platforms.
The company has built what it describes as a distributed identity orchestration platform that supports multi-cloud distributed apps, and enforces consistent policies across multiple cloud platforms.
Strata’s technology also helps move legacy applications to the cloud with little or no code rewrites through a catalog of “Zero Code Connectors” that simplify the process of connecting identity systems into orchestration workflows. It also allows customers to easily move apps across clouds and identity providers.
“Rather than rip and replace different identity systems, identity orchestration creates an abstraction layer that enables customers to mix and match identity technologies on different clouds easily, without rewriting apps, compromising security or user experience,” Olden explained.
“Strata is addressing a massive pain point for enterprises, which only gets worse as they migrate more applications to the cloud,” said Venky Ganesan, Partner at Menlo Ventures, and now a member of Strata’s board of directors. “The last time I got this excited about a security company was when I met the founders of Palo Alto Networks.”
Strata says the funding will be used scale R&D and support sales, marketing and customer support efforts.

For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.
More from Mike Lennon
- ‘No Evidence’ of Cyberattack Related to FAA Outage, White House Says
- SecurityWeek to Host 2022 ICS Cybersecurity Conference October 24-27 in Atlanta
- Google Completes $5.4 Billion Acquisition of Mandiant
- Cybersecurity Firm ZeroFox Begins Trading on Nasdaq via SPAC Deal
- HUMAN Security and PerimeterX Merge on Mission to Combat Bots
- Last Call: CFP for ICS Cybersecurity Conference Closes July 15th
- Johnson Controls Acquires Tempered Networks to Shield Buildings From Cyberattacks
- Snowflake Launches Cybersecurity Workload to Find Threats Across Massive Data Sets
Latest News
- Skybox Security Raises $50M, Hires New CEO
- Spies, Hackers, Informants: How China Snoops on the US
- Australian Man Sentenced for Scam Related to Optus Hack
- Chrome 110 Patches 15 Vulnerabilities
- Application Security Protection for the Masses
- Tor Network Under DDoS Pressure for 7 Months
- Siemens License Manager Vulnerabilities Allow ICS Hacking
- UN Experts: North Korean Hackers Stole Record Virtual Assets
