Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools

Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools

3 years ago
Anonymous $LNMzUc6XNz

https://techcrunch.com/2021/05/18/styra-the-startup-behind-open-policy-agent-nabs-40m-to-expand-its-cloud-native-authorization-tools/

As cloud-native apps continue to become increasingly central to how organizations operate, a startup founded by the creators of a popular open-source tool to manage authorization for cloud-native application environments is announcing some funding to expand its efforts at commercializing the opportunity.

Styra, the startup behind Open Policy Agent, has picked up $40 million in a Series B round of funding led by Battery Ventures. Also participating are previous backers A. Capital, Unusual Ventures and Accel; and new backers CapitalOne Ventures, Citi Ventures and Cisco Investments. Styra has disclosed CapitalOne is also one of its customers, along with e-commerce site Zalando and the European Patent Office.