Virginia-based cloud-native customer identity and access management (IAM) startup Strivacity has raised a $20M Series A-2 round led by San Francisco-based VC firm SignalFire, bringing its total raised to $28M.
Strivacity
addresses the challenges around authentication by providing tools that
allow IT and security teams to configure and manage their customers’
sign-in journeys.
- Strivacity’s
capabilities include adaptive access controls, identify verification,
regulation & self-service, fraud detection, and consent management.
- The IAM platform enables IT and security teams to orchestrate IAM processes from one location, thus streamlining operations.
- According to the company website,
Strivacity’s low-code platform uses 70% less engineering than its
competitors. Its modern cloud-native architecture enables rapid
performance and integrations.
- The
startup plans to use its fresh funds to increase its headcount from 40
to 70 employees and to support product R&D, go-to-market
initiatives, and customer outreach.
