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Strata has closed a $26M Series B round of financing led by Telstra Ventures with participation from existing investors Menlo Ventures, Forgepoint Capital and Innovating Capital. The company has developed, Maverics, the distributed identity orchestration platform that enables organizations to adopt modern cloud identity systems without the need to rewrite applications, saving millions and years […]
Continue ReadingMulti-cloud identity orchestration firm Strata Identity today announced that it has raised $26 million in Series B funding, which brings the total raised by the company to $42 million. The new investment round was led by Telstra Ventures, with additional financing from previous investors Forgepoint Capital, Innovating Capital, and Menlo Ventures. Founded in 2019, the […]
Continue ReadingStrata Identity and HYPR announced a partnership that enables phishing-resistant MFA to be added to any modern, legacy, or custom application without rewriting the source code. This unique capability is made possible via an abstraction layer that decouples identity and authentication from the identity system and applications to deliver the strongest levels of authentication security. […]
Continue ReadingStrata Identity announced no-code Orchestration Recipes for deploying end-to-end, automated customer use cases on the Maverics multi-cloud identity orchestration platform. Traditional “connectors” merely link two identity products on a one-to-one basis, while Strata’s Orchestration Recipes are complete integrations for solving a complex identity use case or business challenge. These include personalized user journeys, app modernization, […]
Continue ReadingStrata Identity has unveiled that its Maverics multi-cloud identity orchestration platform provides native integrations for all premium Microsoft Entra identity and access management solutions. Maverics enables organizations, without making any code changes, to modernize their applications with Microsoft Azure Active Directory and extend identities and policies in Azure AD to other cloud platforms. “Strata’s approach […]
Continue ReadingChris Veith joins Strata from Okta and, as Senior Director of Global Alliances, will lead the company’s global systems integrator (GSI) partner program. He will manage Strata’s relationships with GSIs, including EY, Deloitte, and Wipro, who serve as trusted partners for Digital Transformation programs in the Global 2000 market. “Global systems integrators are an integral […]
Continue ReadingIt’s a well-known fact that humans are the weakest link in any security strategy. Verizon’s latest annual data breach report found that over 80% of breaches in the “Basic Web Application Attacks” incident pattern were due to stolen credentials. Not surprisingly, the root causes of most breaches are social engineering, default passwords, or sharing passwords, […]
Continue ReadingStrata Identity reported that Granville Schmidt has joined the company as Principal Architect and member of the Office of the CTO. He will be responsible for innovating on and scaling Strata Identity’s cloud-native identity orchestration platform, reporting to Topher Marie, Chief Technology Officer and co-founder. “Granville is a proven technologist with extensive experience designing cloud-scale […]
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