Oleria Security

Oleria Security

Provides adaptive autonomous access security solutions

About Oleria Security

Simplify's Rating
Why Oleria Security is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series A

Total Funding

$40M

Headquarters

Seattle, Washington

Founded

2022

Overview

Oleria provides adaptive and autonomous access solutions for businesses, focusing on cybersecurity. Their main product is a platform that implements a Zero Trust security model, meaning that every access request is continuously verified, ensuring that only authorized individuals can access specific resources. This approach allows organizations to minimize security risks while maintaining operational efficiency. Oleria differentiates itself from competitors by offering a subscription-based service that allows businesses to scale their security measures according to their needs. The goal of Oleria is to enhance secure collaboration and data protection for organizations, enabling them to operate effectively in a fast-paced environment.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Oleria raised $33.1 million in Series A funding, boosting its innovation and growth.
  • The rise in identity-based attacks increases demand for Oleria's advanced security solutions.
  • Oleria's solutions align with the growing interest in AI-driven security measures.

What critics are saying

  • AI-driven cyber threats may outpace Oleria's current adaptive security capabilities.
  • Integration challenges with SaaS applications could affect Oleria's platform compatibility.
  • The cybersecurity talent shortage may hinder Oleria's ability to scale operations.

What makes Oleria Security unique

  • Oleria offers adaptive and autonomous identity security solutions, setting it apart in the market.
  • The company's Zero Trust approach ensures continuous verification of every access request.
  • Oleria's Trustfusion Platform provides fine-grained visibility into access and usage at the resource level.

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Funding

Total Funding

$40M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$33.1M
Oleria Security
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

15%

2 year growth

-1%
Newswire
Dec 4th, 2024
Cybersecurity Leaders Oliver Newbury and Matt Thomlinson Join Oleria as Advisors

Cybersecurity leaders Oliver Newbury and Matt Thomlinson join Oleria as advisors.

Newswire
Nov 19th, 2024
Oleria Named a Winner in Fast Company's 2024 Next Big Things in Tech Awards

BELLEVUE, Wash., November 19, 2024 (Newswire.com) - Oleria, a visionary in identity security, announced that it has been named a winner in Fast Company's 2024 Next Big Things in Tech Awards.

Manchester Times
Apr 23rd, 2024
Oleria Adaptive Security Launches to Transform and Modernize Access Management

Oleria, a visionary provider of adaptive and autonomous identity security, today announced the general availability of Oleria Adaptive Security, powered by Oleria's Trustfusion Platform.

Business Wire
Apr 23rd, 2024
Oleria Adaptive Security Launches To Transform And Modernize Access Management

BELLEVUE, Wash.--(BUSINESS WIRE)--Oleria, a visionary provider of adaptive and autonomous identity security, today announced the general availability of Oleria Adaptive Security, powered by Oleria’s Trustfusion Platform. Oleria Adaptive Security provides first-of-its-kind fine-grained visibility into access and access usage at an individual resource level – allowing CISOs and their teams to finally answer the critical questions: Who has access to what? How did they get it? What are they doing with it?. Identity security has become the new cybersecurity battlefront. CISOs and their teams are increasingly challenged by the lack of access visibility and control due to the limitations of legacy Identity and Access Management (IAM) systems. Further, the proliferation of SaaS applications and AI add complexity to this evolving landscape. According to the 2024 IBM® Threat Intelligence Index, 2023 saw a 71% year-over-year increase in attacks targeting identities

425 Business
Jan 24th, 2024
Bellevue Identity Security Company Raises $33.1M in Latest Funding Round

Elgamal will join Oleria's expanded board of directors as part of this funding round.

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