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Portland startup ConductorOne raises $5M for platform to automate IT access requests

Portland startup ConductorOne raises $5M for platform to automate IT access requests April 5, 2021 at 5:24 pm News Brief ConductorOne announced a $5 million seed round led by Silicon Valley venture capital firm Accel. Fuel Capital, Fathom Capital and Active Capital also participated. Founded late last year by veterans of enterprise ID startup Okta, ConductorOne will use the funding to build a platform that helps IT professionals automate and manage employee permissions for cloud apps and infrastructure. Alex Bovee is co-founder and CEO, and Paul Querna is co-founder and CTO. Bovee was most recently an entrepreneur-in-residence at Accel. He previously held product management roles at Okta and Lookout, a San Francisco cloud security startup. Querna was a senior architect at Okta and previously CTO and founder of ScaleFT, acquired by Okta in 2018.

ConductorOne Announces $5M Seed Funding Led by Accel, to Streamline Employee Access to the Cloud

ConductorOne Announces $5M Seed Funding Led by Accel, to Streamline Employee Access to the Cloud Founded by Zero Trust experts, ConductorOne is building the first-ever identity orchestration and automation platform News provided by Share this article PORTLAND, Ore., April 5, 2021 /PRNewswire/ ConductorOne announced today that it raised $5M in seed funding in a round led by Accel, along with Fuel Capital, Fathom Capital, and Active Capital. ConductorOne is using the funding to build the first-ever identity orchestration and automation platform, to empower IT and identity admins with the ability to automate and delegate employee access to cloud apps and infrastructure, while preserving least privilege permissions.

Three Austin startups combine to raise $24 million for growth

Three Austin-based startups one focused on cybersecurity and two on remote education offerings have combined to raise $24 million funding deals this week.   Living Security, a startup focused on cybersecurity awareness training and risk management, raised $14 million, while software startup Acadeum and online student engagement platform Upswing each raised $5 million.  Living Security makes a cybersecurity training platform and is developing a human risk management tool that uses data to help companies understand and spot security vulnerabilities and predict cyberattacks. The company, which started in 2017, said it plans to use the funding to continue its expansion beyond training and continue developing its platform. 

Living Security raises $14M for predictive human risk management – TechCrunch

Living Security raises $14M for predictive human risk management – TechCrunch
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Stagger founder Cowdrey turns Active Capital s no to yes - San Antonio Business Journal

Stagger founder Cowdrey turns Active Capital s no to yes - San Antonio Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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