Oleria Secures $33M Series A to Revolutionize Enterprise Access Management
Funding Round Highlights Strategic Backing
Access management startup Oleria has successfully raised \(33 million in Series A funding, led by Evolution Equity Partners with participation from industry leaders Salesforce Ventures, Tapestry Ventures, and Zscaler. This latest investment brings Oleria's total funding to over \)40 million since its 2022 founding.
Founders with Deep Industry Expertise
Co-founded by cybersecurity veterans Jim Alkove (former Microsoft CVP and Salesforce Chief Trust Officer) and Jagadeesh Kunda, Oleria addresses a critical pain point in enterprise security:
“So often access to apps and data is insecure due to being over-provisioned and complex to govern,” Alkove explained. “We’re solving the fundamental challenge of balancing security with business agility through adaptive, autonomous access controls.”
The Oleria Solution: Smarter Access Management
The company’s innovative platform offers:
- Precision access controls - Limits user access to specific digital assets
- Risk identification - Detects improperly granted permissions
- Automated remediation - Provides actionable recommendations to mitigate access risks
Market Positioning and Future Plans
Currently in select pilot programs, Oleria plans general availability later this year. The startup positions itself against:
- Legacy access management systems
- Manual security administration processes
- The growing threat of access-related breaches
“CISOs today are fighting modern threats with outdated tools,” Alkove noted. “Our team’s enterprise security experience gives us unique insight into building effective solutions.”
This funding round validates Oleria’s approach to transforming how enterprises manage digital access in an increasingly complex threat landscape.
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