Strata 11m Series Venturessawersventurebeat
Strata Identity is a platform for identity management in multi-cloud environments. It helps organizations manage users and access information securely. The platform is based on the cloud, which makes it ideal for enterprises. It provides users with a single point of access and controls access to information across multiple devices.
Strata Identity, an identity orchestration platform that enables companies to manage their identity and security policies across the cloud, has closed a $11 million Series A round. The round was led by Menlo Ventures with participation from ForgePoint Capital. Menlo Ventures partner Venky Ganesan will join the company’s board.
Strata Identity, which emerged from stealth last June, has completed successful proofs-of-concept and signed a Fortune 50 client. It has also received interest from 15 Fortune 500 companies and has joined Microsoft’s Intelligent Security Association. Strata is currently employing 26 people and plans to double that number by the end of the year.
Strata’s distributed identity fabric makes it easy for companies to manage their identities across cloud and datacenter environments. The company’s software decouples apps from their identity, allowing businesses to seamlessly transition old applications to the new system. Strata calls its identity orchestration smarts Maverics, and it uses them to understand how identities, data, and applications connect across systems.
As businesses migrateto multi-cloud environments, they must consider how they will manage access and identity across different clouds. This will require a multi-cloud management platform to ensure that only the right people can access data and resources. This webinar will address the challenges faced by businesses and the solutions available to address them. It will also discuss how the security risks associated with multi-cloud environments can be reduced dramatically with unified management.
According to Gartner, 80% of corporate IT will be cloud-based by 2025. Currently, 81% of companies use two or more cloud platforms. Each of these platforms has its own identity system. The problem is that organizations are not equipped to handle the challenges of multi-cloud identity management.
This challenge has been compounded by the fact that enterprises need to run their applications across multiple platforms. Traditional IAM solutions are unable to address this challenge. With a platform such as PingOne, enterprises can optimize authentication in multi-cloud environments and deliver frictionless user experiences.
As multi-cloud environments continue to grow, organizations must ensure that their IAM solutions are flexible and scalable. Modern IAM solutions offer the flexibility to extend secure access across legacy and cloud apps. These solutions also mirror changes across multiple systems, reduce administrator fatigue and control access to users. They can also simplify the management of access management.
To meet this challenge, organizations need a platform that can handle the complexity of managing multiple identities. Until now, organizations have used proprietary identity protocols and frameworks that favored one vendor or group over another. However, with the growth of multi-cloud environments, organizations must look beyond proprietary identity protocols and consider an open source solution.
Multi-cloud architecture can become complex, making it more difficult to enforce access control policies and protect data. Furthermore, it exposes organizations to greater security vulnerabilities. The right solution should allow IT teams to address security concerns and improve security proactively. The best multi-cloud management platforms include security monitoring and automation capabilities and provide the ability to enforce security policies across multiple platforms.
Cloud-based multi-cloud environments are a growing trend in the IT world. Often, these environments include infrastructure-as-a-service (IaaS) providers. This means that organizations are using multiple cloud providers and managing their identities in each one. The complexity of managing these environments can be managed through automated processes.
Strata Identity’s future
Strata Identity, a company that creates software that orchestrates the management of distributed identity systems, has recently been named to the CRN 2021 Emerging Vendors list in the security category. This list recognizes up-and-coming, new-technology vendors who show promise for the future of the IT channel. Strata recently released a new product called Maverics Identity Discovery that automates the process of cataloging and identifying on-premises identity environments.
In the next few months, the company is also planning to host a webinar featuring some of its working group members, including the CEO and founder. The webinar is scheduled for May 25, 10 am PT/1 pm ET and requires registration. To register, visit the event page on the Strata Identity website.
Maverics is a key element of Strata Identity’s Identity Orchestration platform, which makes it possible to integrate existing on-prem systems with modern cloud-based identity management systems. This enables organizations to implement new services and applications without the need for extensive rewrites. As a result, customers are seeing more ROI from their identity management infrastructure.
The company is led by a team of technical founders with more than 60 years of experience. The CEO is Eric Olden, the CTO is Topher Marie, and the CPO is Eric Leach. Eric Olden was a co-founder of SAML, an open standard that allows identity providers to pass credentials to services. In addition, he co-founded two companies, Symplified and Securant, which were acquired by RSA. These founders have extensive experience in the security and identity space, which makes them an excellent choice for investing in.
Strata Identity has announced an dietxnutrition open source project that allows organisations to apply consistent policies to multiple cloud platforms and applications. It uses the IDQL policy format, which is a new declarative policy language. Ultimately, the open source project aims to bring cloud identity management to the enterprise.
Maverics’ distributed standards-based orchestration engine enables architects and business teams to modernize legacy applications without rewriting them. It also allows organizations to migrate to the cloud with ease, nupedia reducing costs and time. The solution also supports hybrid deployments and multiple clouds. These features are a huge benefit for organizations going through a digital transformation and cloud migration.
Migration of identity systems is challenging, as realestatespro refactoring each app to integrate with the cloud can take several months. The migration process can require a significant investment of developer time and money. As a result, organizations have reported that migrations typically take 12-24 months. In addition blognez to rewriting applications, migrations require the translation of identity data.