Strivacity, a Virginia-based provider of low-code customer identity and access management (CIAM) solutions, announced Monday that it has raised $20 million in a Series A2 funding round led by SignalFire and with participation from Ten Eleven Ventures CEO Kevin Mandia. Mandiant and Jack Huffard, co-founder of Tenable. The funding brings the amount raised to $28 million, and Strivacity plans to use the funds to invest in product development, accelerate time to market and provide services to customers.
Strivacity’s low-code CIAM solution enables brands to quickly and securely add login and identity management capabilities to their end-to-end applications without the need to hire a team of developers or consultants. The solution is designed to help organizations move quickly without having to choose between creating a customer experience and securing customer data.
Founded by Keith Graham and Stephen Cox, Strivacity aims to simplify identity and access management for enterprises, especially those without significant development resources or other constraints to deploying more complex solutions. The company’s approach enables organizations to deliver a seamless customer experience while keeping customer data secure.
In addition to the funding, Strivacity will be joined as CEO by Jack Huffard, founder of Tenable and SignalFire’s Executive-In-Residence (XIR). Chris Scoggins, partner at SignalFire as well as XIR, joins Strivacity’s board of directors, along with current members Kevin Mandia, CEO of Mandiant, Todd Weber, managing partner and CTO of Ten Eleven Ventures, and Keith Graham and Stephen Cox, founders of Striving.
“We are delighted to welcome Jack to the Strivacity team as CEO and Chris to join the board,” said Keith Graham, Strivacity co-founder and CEO. “Their leadership and expertise will be invaluable as we continue to expand and deliver our low-code CIAM solution to customers who demand the best security and ease of use.”