ConductorOne Raises $79 Million in Series B Funding

ConductorOne has raised $79 million in a Series B funding round, bringing its total raised to over $110 million, according to SecurityWeek. The investment round was led by Greycroft, with additional support from CrowdStrike Falcon Fund and previous investors such as Accel and Felicis Ventures, according to Greycroft. The identity security company has built an AI-native platform that secures human, non-human, and AI identities across an organisation’s environment, unifying IGA, IAM and PAM in a single solution.

It combines out-of-the-box connectors and automation with AI to automate identity protection end-to-end, enabling least privilege at scale and providing visibility across applications and infrastructure. The platform can be used as a standalone solution or deployed alongside existing legacy systems, enabling migration operations, according to the article.

Headquartered in San Francisco and founded in 2020, ConductorOne’s platform is used by organisations including DigitalOcean, Instacart, Ramp and Zscaler, according to SecurityWeek, in a move that mirrors growing interest in identity security. according to Greycroft