Oleria, a Bellevue, Washington-based provider of adaptive and autonomous identity security solutions, has raised $33.1 million in Series A funding.  

SaaS Investors 

The round was led by Evolution Equity Partners, with participation from Salesforce Ventures, Tapestry VC, and Zscaler.   

Founded in 2008, Evolution Equity Partners is a growth capital investment firm based in New York, New York. The firm prefers to invest in operating in cybersecurity, enterprise software, big data, machine learning, artificial intelligence, SaaS, and mobile sectors.  

Oleria Use of Funds 

The company will use the funding to accelerate product innovation, including AI capabilities, and the go-to-market strategy. The company is currently piloting its solution with customers, planning for general availability in early 2024.  

About Oleria 

Oleria is a cybersecurity company that provides adaptive and autonomous identity security solutions that help organizations accelerate at the pace of change, trusting that their data is protected. The company offers organizations comprehensive visibility into their access posture and autonomously identifies and mitigates access risks before they can be exploited. Oleria allows organizations to pursue their best ideas, removing the barriers that keep team members from collaborating.  

Funding Details

Company: Oleria Corporation  

Raised: $33.1M          

Round: Series A   

Funding Month: January 2024                                                                        

Lead Investors: Evolution Equity Partners  

Additional Investors: Salesforce Ventures, Tapestry VC, and Zscaler  

Company Website: https://www.oleria.com/   

Software Category: Autonomous Identity Security Solutions  

Source: https://www.businesswire.com/news/home/20240118743325/en/