Oort Raises $15M in Series A Funding

Oort

Oort, a Boston, MA-based provider of an an identity-centric enterprise security platform, raised $15M in Series A funding.

The round was led by .406 Ventures and Energy Impact Partners with participation from Cisco Investments, 645 Ventures, Bain Capital Ventures and First Star Ventures.

The company intends to use the funds to grow and further accelerate its go-to-market (GTM) strategy.

Led by CEO Matt Caulfield and CTO Didi Dotan, Oort is an identity-centric enterprise security platform to provide value to security teams by working with existing sources of identity to enable comprehensive identity attack surface management in minutes. Oort is built on Snowflake’s security data lake architecture, which helps them store and query massive volumes of data, and AWS Lambda, which allows the team to automatically scale their data streaming architecture to accommodate enterprise organizations of any size.

To secure its own platform, Oort has gone through rigorous testing to meet industry standards and receive critical certifications including SOC 2 Type 2.

FinSMEs

06/10/2022