Oleria, a Seattle-based cybersecurity startup that manages employee access to applications and data, raised $19 million in a new round of funding.
The company confirmed the funding after GeekWire spotted a new SEC filing this week. Oleria has now raised more than $60 million to date.
Founded in 2023, Oleria’s software is designed to help companies figure out who has access to various back-end systems and letes them analyze activity across their infrastructure.
The company is led by CEO Jim Alkove, a former chief trust officer at Salesforce and a former advisor for the World Economic Forum’s Global Center for Cybersecurity. Oleria co-founder Jagadeesh Kunda is the former chief product officer at Colorado-based cloud directory platform JumpCloud. Kunda also held engineering leadership roles at Salesforce, Amazon Web Services and Microsoft.
Oleria has 86 employees, according to LinkedIn. It is backed by investors including Salesforce Ventures, the VC arm of Salesforce, as well as Evolution Equity Partners, Tapestry VC, and Zscaler. Evolution led a $33 million Series A round in 2024.
Alkove told GeekWire that the company is growing revenue with multiple Fortune 500 customers.
“Every CISO we talk to, whether they’re running security for a Fortune 100 or a mid-market company, is asking for a fundamentally different approach to identity security,” he said in a statement. “One that’s secure, but also operates at the speed of business. That need is urgent. Legacy identity tools were already fragmented and inadequate, and AI is widening those gaps even further. Oleria is built to solve this problem.”
