Ory Corp., Doylestown Cloud-Security Provider, Goes Sky-High in Series A Investment Round

finger touching cloud
Image via Computer Tech at Creative Commons.
Ory Corp., Doylestown, provides open-source cloud security software.

Doylestown open-source cloud security software provider Ory Corp. raised $22.5M in a recent Series A round. Insight Partners, a New York-based global private equity and venture capital firm, was lead; existing seed investors were Balderton Capital and In-Q-Tel.

Ory plans to use the investment to grow its cloud operations, expand its security footprint, and hire additional employees.

The tech firm is an open-source company dedicated to simplifying zero trust cloud security for application developers by providing a specialized platform that delivers authorization, authentication, I.D. management, and API protection. Ory uses these open-source products in its flagship product, Ory Cloud, which provides a low-latency global scale network for zero trust security.

“The challenge facing most developers today is complexity. Building cloud software is a new paradigm involving many evolving technologies. Ory simplifies zero trust security by putting I.D. management, authorization, and access control into one cloud system that is globally distributed and runs using multiple clouds,” said Thomas Aidan Curran, founder and CEO of Ory. “We look forward to working with Insight as we continue to scale up for the future.”

The open-source community at Ory Corp. has already reached tens of thousands of people and projects, including Blues Wireless, Segment, and Coinbase.