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    Home»Blog»Styra Raises $40M in Series B Funding Round Led by Ventures: Securing Cloud-Native Environments
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    Styra Raises $40M in Series B Funding Round Led by Ventures: Securing Cloud-Native Environments

    YanisBy YanisMarch 6, 2023No Comments3 Mins Read

    Styra, a cloud-native authorization and access atozmp3 control platform, recently announced that it has raised $40 million in a Series B funding round led by Ventures. The company’s platform, Declarative Authorization Service (DAS), is designed to provide granular authorization and access control to organizations operating in multi-cloud environments.

    The Series B funding round also saw participation from existing investors, including Unusual Ventures and A.Capital. With the latest round, Styra has raised a total of $54 million to date. The company plans to use the funds to expand its sales and marketing efforts, accelerate product toonily development, and drive international growth.

    Styra was founded in 2017 by Tim Hinrichs and Bill Mann, both of whom previously worked at Google. The company aims to help organizations secure their cloud-native environments by providing a unified platform that enables teams to define, enforce, and monitor policies across different cloud providers and Kubernetes clusters.

    Styra’s DAS platform works by enabling teams masstamilanfree  to define policies that control who can access what resources within a cloud environment. The policies can be written using a declarative language, which makes it easier for teams to manage and update them over time. The platform also includes a policy library that provides pre-defined policies based on best practices and compliance standards.

    The platform integrates with Kubernetes, Istio, and other cloud-native technologies to provide real-time enforcement of policies. It also provides visibility into who has access to what resources, which can help organizations identify potential security risks and ensure compliance with regulatory requirements.

    Styra’s platform has been adopted by a range of organizations, including Fortune 500 companies, startups, and government agencies. The company has seen significant growth in recent years, with its revenue growing by 400% year-over-year.

    In a press release announcing the funding masstamilan round, Tim Hinrichs, CEO and co-founder of Styra, said, “Our mission is to help organizations embrace the full potential of cloud-native technologies while ensuring they have the necessary controls in place to manage risk and compliance. This funding will allow us to expand our team and accelerate our efforts to help more organizations achieve this goal.”

    With the rise of cloud-native technologies and the shift to multi-cloud environments, organizations face new challenges when it comes to securing their IT infrastructure. Styra’s platform provides a solution that enables organizations to enforce consistent policies across different cloud providers and Kubernetes clusters, reducing the risk of security breaches and compliance violations.

    In conclusion, Styra’s successful Series B justprintcard funding round highlights the growing demand for cloud-native security solutions in today’s digital landscape. The company’s platform, which provides granular authorization and access control for multi-cloud environments, has already been adopted by a range of organizations and is well-positioned for further growth in the years ahead. With the support of Ventures and other investors, Styra will be able to accelerate its efforts to help organizations secure their cloud-native environments and unlock the full potential of cloud technologies.

    Yanis
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