Strivacity, a Herndon, Virginia-based customer identity, and access management (CIAM) provider announced that it has secured a total of $9.3 million in a Series A financing round was led by Ten Eleven Ventures with participation from Toba Capital.
Strivacity will use the funding to accelerate R&D and expand go-to-market investments in sales and marketing. As part of the investment, Todd Weber will join Strivacity’s board of directors.
Company: Strivacity, Inc
Raised: $9.3M
Round: Series A
Funding Month: November 2021
Lead Investors: Ten Eleven Ventures
Additional Investors: Toba Capital
Company Website: https://strivacity.com/
Software Category: NO-CODE customer identity and access management
About the Company: Strivacity is the CIAM provider that enables companies around the globe to simultaneously provide a standout customer experience while maintaining rigorous security and compliance standards. From centralizing the management and storage of customer identities to enforcing data sovereignty, Strivacity helps their customers prioritize their users while also keeping their marketing, engineering, security, and compliance teams happy. Strivacity offers a unified customer identity and access management (CIAM) solution that uses clicks (no custom coding) so organizations can get going fast and don’t have to choose between creating great customer experiences, securing their customers’ data, and staying compliant with fast-changing privacy regulations like GDPR and CCPA.
Source: https://www.businesswire.com/news/home/20211130005617/en/Customer-Identity-and-Access-Management-Provider-Strivacity-Announces-9.3-Million-in-Series-A-Funding