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Cloud-Security Provider Ory Corp Raises $22 Million In Series A Round Led By Insight Partners

Dec 16, 2021•over 3 years ago

Amount Raised

$22 Million

Round Type

series a

Doylestown

Description

Open-source cloud security software provider Ory Corp, today announced that it has raised $22.5M in a Series A round, led by New York-based global private equity and venture capital firm Insight Partners and existing seed investors, Balderton Capital and In-Q-Tel.

Company Information

Company

Ory

Location

Doylestown, Pennsylvania, United States

About

Ory is an open-source software company for zero trust security. Ory Cloud combines the primitives of zero trust including identity management, authorisation and access control in a globally distributed cloud network. Ory runs a number of open-source software projects Hydra Kratos, and Keto. Ory's mission is to provide a common access control, authorization and identity infrastructure that manages IAM, and the associated data created in cloud applications. Ory is a distributed organization with headquarters in Doylestown, PA and offices in Munich, Germany. The open-source project was started in 2015 by Thomas Aidan Curran and Aeneas Rekkas who later formed a commercial entity for the purpose of building a cloud business in 2019. Ory's founders are open-source leaders with experience at SAP, Deutsche Telekom, Microsoft, and Deutsche Börse Group.

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