ConductorOne, a US-based AI-native id safety platform, has raised US$79 million in Collection B funding, bringing its whole capital raised to over US$100 million.
The spherical was led by Greycroft, with participation from CrowdStrike Falcon Fund and current buyers together with Accel and Felicis Ventures.
The corporate manages hundreds of thousands of identities for organisations together with Zscaler, Ramp, and DoorDash.
ConductorOne unifies id governance (IGA), id and entry administration (IAM), and privileged entry administration (PAM) right into a single platform, aiming to deal with the rising complexity of id safety in enterprises.
“Identification has turn into the primary enterprise assault floor,”
mentioned Alex Bovee, Co-founder and CEO of ConductorOne.
“The size of id sprawl is past what right this moment’s organisations and options can deal with and solely rising extra complicated. This AI-driven complexity can solely be managed with AI-native options that may scale and automate on the similar tempo.”
ConductorOne’s platform automates id safety processes, together with entry requests, lowering IT effort by as much as 95% in accordance with the corporate.
It will probably operate as a standalone resolution or combine with current legacy techniques.
Deliberate developments embody expanded AI-driven automation, enhanced dashboards, analytics, and fashionable listing administration capabilities.
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