Identification safety supplier ConductorOne has raised $79 million in a Sequence B funding spherical that brings the entire raised by the corporate to over $110 million.
The funding spherical was led by Greycroft, with extra assist from CrowdStrike Falcon Fund and former traders, similar to Accel and Felicis Ventures.
ConductorOne has constructed an AI-native platform that secures human, non-human, and AI identities throughout a corporation’s surroundings, unifying IGA, IAM, and PAM in a single answer.
Combining highly effective out-of-the-box connectors and automation with AI, the answer automates identification safety end-to-end, enabling least privilege at scale and offering visibility throughout all functions and infrastructure.
The platform centralizes visibility and management in a single answer, enabling organizations to implement fine-grained entry controls and just-in-time entry, and automating consumer entry audits throughout the surroundings.
ConductorOne’s platform can both be used as a standalone answer or deployed alongside current legacy techniques, for seamless migration operations.
The funding will enable ConductorOne to speed up product innovation, rent new expertise, and increase adoption of its answer.
The corporate additionally plans to increase its platform’s AI-driven automation and actionable dashboards and analytics capabilities, and to advance its listing administration features.Commercial. Scroll to proceed studying.
“As AI-driven software and agent improvement will increase and enterprises wrangle with an exponential variety of identities, identification administration has by no means been extra complicated. ConductorOne’s AI-first method is precisely what corporations have to navigate these challenges,” mentioned Greycroft companion Marcie Vu, who will be part of ConductorOne’s board.
Headquartered in San Francisco, ConductorOne was based in 2020. Its identification administration platform is utilized by quite a few Fortune 500 and hypergrowth enterprises, together with DigitalOcean, Instacart, Ramp, and Zscaler.
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