Clear Skye Raises $14M in Series A funding

Clear Skye, an Emeryville, CA-based provider of an identity security and governance solution, raised $14M in Series A funding.

The round was led by Storm Ventures and Toba Capital with participation from Point Field Partners and Inner Loop Capital.

The company intends to use the funds to expand its team and global presence.

Led by John Milburn, CEO, Clear Skye is an identity security and governance solution built natively on ServiceNow. The company reimagines enterprise identity access and risk management by enabling organizations to use a familiar interface, providing identity control and insight, and building a bridge between the business and IT. By reducing siloes between functional areas like HR, IT, SecOps, and GRC, Clear Skye increases efficiency, and accelerates time-to-value.

Global customers such as ABB, West Fraser, Blackhawk Network, Premise Health, and more, use it for their identity lifecycle management, governance, and security initiatives.

The company has expanded its leadership team with a new CMO, Erin Duncan, who previously led product marketing at Saviynt; Jackson Shaw, Chief Strategy Officer, who led product management at Dell, One Identity, and Forcepoint; Mike Tierney, Senior Vice President, Customer Success; and Jen Ilsley, Vice President, HR and Operations. Arun Penmetsa, Partner at Storm Ventures, will join Clear Skye’s board.

FinSMEs

25/03/2022