TLDR: Ory Corp Raises $5M in Series A Extension
- Ory Corp, a provider of an access control, authorization, and identity platform, raised $5M in Series A funding led by Insight Ventures and Balderton Capital.
- The company plans to use the funds to accelerate product development, enhance customer support, and increase growth marketing initiatives.
Ory Corp, based in Doylestown, PA, and Munich, Germany, raised $5M in Series A funding led by Insight Ventures and Balderton Capital. The funding will be used to accelerate product development, enhance customer support, and increase growth marketing initiatives. The company, led by CEO Jeff Kukowski, offers an access control, authorization, and identity platform that helps organizations resolve gaps in existing solutions and replace legacy systems. Ory Cloud, the company’s globally distributed cloud platform, supports a Zero Trust Authentication strategy through identity management, authorization, and access control services. The platform runs open-source software projects like Hydra, Kratos, and Keto.