Oleria Company Profile

Background

Overview

Oleria, founded in 2022, is a cybersecurity firm specializing in adaptive and autonomous identity security solutions. The company's mission is to empower organizations to accelerate at the pace of change while ensuring data protection. Oleria envisions a world where every organization is trusted to protect the data of all people.

Core Values

• Trust: Fundamental to all relationships, earning and maintaining trust is vital to Oleria's human-focused approach.

• People: The company fosters a culture that empowers team members to perform at their best.

• Customer Success: Oleria focuses on business outcomes, ensuring that customer objectives are met effectively.

• Innovation: Driving customer innovation by providing secure environments where ideas can flourish.

• Equality: Committed to creating a safe and equitable world, acting as allies ready to take action.

Key Strategic Focus

Core Objectives

Oleria aims to redefine identity security by providing adaptive and autonomous solutions that scale with businesses, allowing them to pursue objectives without compromising security.

Specialization

The company specializes in offering continuous access reviews and remediation, providing real-time visibility and contextual access to sensitive data assets.

Key Technologies

Oleria's platform integrates identity silos across enterprise IAM and decentralized SaaS platforms, delivering a composite view on identity and access. It utilizes AI capabilities to autonomously identify and mitigate access risks.

Primary Markets

Oleria targets enterprises across various sectors, including aerospace, defense, financial services, and healthcare, providing solutions to manage and secure digital identities.

Financials and Funding

Funding History

• Seed Round (March 2023): Raised $8 million led by Salesforce Ventures.

• Series A (January 2024): Secured $33.1 million led by Evolution Equity Partners, with participation from Salesforce Ventures, Tapestry VC, and Zscaler.

Total Funds Raised

Over $40 million to date.

Utilization of Capital

The funds are intended to accelerate product innovation, including AI capabilities, and to expand the company's go-to-market strategy.

Technological Platform and Innovation

Proprietary Technologies

Oleria's Trustfusion platform provides a unified view of identity and access, enabling adaptive and autonomous security management.

Scientific Methodologies

The platform continuously assesses and validates digital interactions, adapting security measures to specific contexts and evolving needs.

Leadership Team

• Jim Alkove: Co-Founder and Chief Executive Officer. Former Chief Trust Officer at Salesforce and head of Windows security at Microsoft.

• Jagadeesh Kunda: Co-Founder and Chief Product Officer. Previously Chief Product Officer at JumpCloud and VP of Product Management at Salesforce.

• Kirt Debique: Chief Architect.

• Siva Garudayagari: Chief Technology Officer.

• Shana Glenzer: Vice President of Marketing.

• Augustine Eosso: Vice President of Sales.

• Katie Cannell: Head of Human Resources.

• Aaron Kornblum: Head of Legal.

Board Members

• Taher Elgamal: Partner at Evolution Equity Partners.

• John Watters: Former President and COO at Mandiant.

Advisors

• Chuck Friedman: Former Corporate Vice President at Microsoft.

• Christine Grimm: Founder & Principal Consultant at Aria Consulting International.

• Oliver Newbury: Former Global Chief Information Security Officer at Barclays.

• Danny Slomoff, PhD: Principal at Slomoff Consulting Group.

• Matt Thomlinson: Chief Technology Officer at EA, Former CISO.

Competitor Profile

Market Insights and Dynamics

The identity security market is experiencing significant growth due to increasing cyber threats targeting digital identities. Organizations are seeking advanced solutions to manage and secure access across complex digital ecosystems.

Competitor Analysis

• Okta: Specializes in identity and access management, offering a broad range of authentication and authorization services.

• Ping Identity: Provides identity security solutions focusing on single sign-on and access management.