Strivacity, a Herndon, VA-based provider of a low-code customer identity and access management (CIAM) solution, raised $20M in Series A2 funding.
The round, which brought total funding to $28M, was led by SignalFire with participation from Ten Eleven Ventures, Kevin Mandia, CEO of Mandiant, and Jack Huffard, co-founder of Tenable, who will join Strivacity as Executive Chairman.
The company intends to use the funds to grow its investment in product development, accelerate its go-to-market initiatives and continue to deliver service to its customers.
Co-founded by Keith Graham and Stephen Cox, Strivacity enables brands to add secure login and identity management capabilities to their customer-facing applications without engaging a team of developers or consultants. The company offers a low-code customer identity and access management (CIAM) solution that uses clicks (not custom coding) so organizations can move quickly and don’t have to choose between building customer experiences and securing data of your customers.
Along with the investment, which is part of SignalFire’s Executive-In-Residence (XIR) program, Chris Scoggins, partner at SignalFire, and Jack Huffard, co-founder of Tenable (Nasdaq: TENB) and Signalfire XIR, will join Strivacity’s board of directors. They joined existing board members Kevin Mandia, CEO of Mandiant; Todd Weber, operating partner and CTO at Ten Eleven Ventures; and Strivacity co-founders Keith Graham and Stephen Cox.
FinSMEs
05/04/2023