Tech Company Financing Transactions
Ory Funding Round
Insight Venture Partners, Balderton Capital and In-Q-Tel participated in a $22 million Series A funding round for Ory. The round closed on 12/18/2021.
Transaction Overview
Company Name
Announced On
12/18/2021
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors
Proceeds Purpose
Ory plans to use the investment to: Grow its cloud operations build-out a planet scale network for identity management and authorization as a service; Expand its security footprint - establish comprehensive data privacy and GDPR compliant processes along with a Security Operations Center and Add additional personnel -- increase its headcount which has quadrupled since its formation in 2019.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
132-A Veterans Ln. 128
Doylestown, PA 18901
USA
Doylestown, PA 18901
USA
Phone
Website
Email Address
Overview
Ory is an open source software company that provides cloud native products for identity management, access control and authorisation. The company operates the Ory Cloud, a global scale low latency network infrastructure for zero trust security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Curran
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