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Oleria announced its emergence from stealth mode and $8 million
March 2023 by Marc Jacob
Oleria announced its emergence from stealth mode and $8 million in seed funding. The funding round was led by Salesforce Ventures, with participation from Tapestry VC and angel investors including CEOs and CISOs of prominent tech and security companies.
The company’s adaptive and autonomous access solution liberates businesses from traditional security bottlenecks while fueling collaboration and innovation
Founded by industry luminary and former Salesforce Chief Trust Officer (CISO) Jim Alkove, and identity solutions product executive and former JumpCloud Chief Product Officer Jagadeesh Kunda, Oleria envisions a world where organizations no longer have to choose between security and speed of innovation. By providing adaptive security solutions that enable organizations to continuously respond to their ever-changing access needs, Oleria empowers teams to freely pursue their best ideas and allow businesses to accelerate while remaining confident that sensitive data is secure.
According to Gartner ®, “by 2026, 70% of identity-first security strategies will fail unless organizations adopt context-based access policies that are continuous and consistent.” Oleria’s founders are designing the solution to meet these demands by providing appropriate access to the right users, at the right time, for the right duration, all with a relentless focus on user experience. The platform continuously assesses and validates the people, applications and assets involved in each digital interaction and adapts to specific context and changing needs.
Oleria’s founders have decades of experience leading security and product development at companies including Microsoft, Salesforce, AWS, Oracle and Nest. They have built and managed some of the world’s largest security solutions, used by hundreds of millions of users. Their unique vision includes disrupting the current security solutions space to enable CISOs to become liberators of business outcomes. Whether it’s CEOs and COOs approaching security as a path to innovation, CISOs and IT managers providing continuous access governance, CFOs aligning security goals to business needs, or employees striving for ambitious objectives – Oleria enables leaders to achieve the biggest and best outcomes without being held back by the constraints of traditional security approaches.
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Gartner, Identity-First Security Maximizes Cybersecurity Effectiveness, Rebecca Archambault, Felix Gaehtgens, James Hoover, Ant Allan, 7 December 2022
