Strata Identity raises $26 million to boost sales and marketing

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 of manual migration. Strata has raised more than $42M in financing to date and will use the additional funds to … More →

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