Ory Corp, a Doylestown, PA- and Munich, Germany-based provider of an access control, authorization and identity platform, raised $5M in Series A funding.
The round was led by Insight Ventures and Balderton Capital.
The company intends to use the funds to accelerate product development, enhance customer support, and increase growth marketing initiatives.
Led by newly appointed CEO Jeff Kukowski, Ory provides an access control, authorization and identity platform that offers a flexible user experiences and supports deployment models, while delivering the integrity and transparency requirements for compliance. It enables organizations with the ability to resolve gaps in their existing IAM/CIAM solutions and to replace legacy solutions.
Ory Cloud is a globally distributed cloud platform that facilitates the delivery of a Zero Trust Authentication (ZTA) strategy through leveraging the company’s identity management, authorization and access control services. It runs open-source software projects, such as Hydra, Kratos, Keto and others.
