C Britive's $20.5M Series B

 

California-based cloud security provider Britive has raised a $20.5M Series B round led by Pelion Venture Partners.  

This latest funding round brings the company’s total raised to $36M. 

  • Britive launched in 2018 and specializes in a cloud identity and access management (IAM) platform, which automates multi-cloud privilege identity management across data, infrastructure, and applications. 
  • According to the company website, Britive streamlines cloud migrations, accelerates app development, enables better compliance, and lowers infrastructure costs. 
  • The platform provides real-time visibility into who has access to which solutions across an entire multi-cloud ecosystem, secrets governance capabilities, and a permissioning system that grants and revokes privileges as needed.  
  • The company plans to use the fresh funds to invest in new strategies for customer success, marketing and sales, and product development.

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