Styra, the cloud-native authorization provider firm has recently announced that it raised $40 million in a Series B funding round. As of now, the company has raised over $54 million financing.
Battery Ventures led the latest funding round, in participation from investors A. Capital, Accel, Unusual Ventures, Citi Ventures, and Capital One Ventures. By the end of this year, the company aims to double its team and invest more in their employee career growth and people operations.
Besides, it has plans to enhance Styra DAS and its developer advocacy team. Bill Mann, CEO of Styra, explained – “It’s exciting for OPA and Styra to be at the forefront of cloud-native, shift-left, zero trust, and developer-centric architectures.”