Clear Skye Inc., a San Francisco, CA-based Identity and access governance startup, announced that it completed $14 million in Series A, bringing total funding for the company to nearly $20 million since its initial seed round in 2020.
The round was co-led by Storm Ventures and Toba Capital, with participation from Point Field Partners and Inner Loop Capital.
The company will use the funds to expand its team, global footprint, and to continue reimagining the approach to enterprise identity governance and security.
The company has expanded its leadership team welcoming a new CMO, Erin Duncan, who previously led product marketing at Saviynt; Jackson Shaw, Chief Strategy Officer, who led product management at Dell, One Identity, and Forcepoint; Mike Tierney, Senior Vice President, Customer Success; and Jen Ilsley, Vice President, HR, and Operations. Arun Penmetsa, Partner at Storm Ventures, will join Clear Skye’s board.
Company: Clear Skye Inc.
Raised: $14.0M
Round: Series A
Funding Month: March 2022
Lead Investors: Storm Ventures and Toba Capital
Additional Investors: Point Field Partners and Inner Loop Capital
Company Website: https://clearskye.com/
Software Category: SaaS Identity Governance & Admin (IGA) solutions
About the Company: Clear Skye is the only identity security and governance solution built natively on ServiceNow. The company reimagines enterprise identity access and risk management by enabling organizations to use a familiar interface, provide deeper identity control and insight, and build a bridge between the business and IT. By reducing siloes between functional areas like HR, IT, SecOps, and GRC, Clear Skye reduces friction, increases efficiency, and accelerates time-to-value. Global customers trust Clear Skye with their identity lifecycle management, governance, and security initiatives.
Source: https://blog.clearskye.com/clear-skye-raises-14-million-in-series-a-funding