Security News > 2021 > February > Strata Raises $11 Million to Tackle Multi-Cloud Identity Management
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.
"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.