I thought the VC stuff was supposed to slow down this time of year…? But honestly, I’ll take it. ConductorOne — a startup with a significant Portland presence — just raised a $79 million Series B with some upper tier investors like Greycroft, Accel, and Felicis taking part in the round.
Every technology category has its breakout moment: the point where the market shifts, adoption accelerates, and the winner begins to separate from the pack. For identity security, that moment is now. Our $79M Series B, led by Greycroft with participation from CrowdStrike Falcon Fund, Accel, Felicis, Oregon Ventures, Operator Collective, and others, marks ConductorOne as the future of identity security.
We’re seeing it in the companies choosing us. We’re seeing it in the problems we’re being trusted to solve. And we’re seeing it in the pace of our growth: revenue more than tripled in the last year, we manage millions of identities on our platform, and we’re rapidly expanding across the Fortune 500.
“The AI era has fundamentally reshaped identity security. The scale of identity sprawl is beyond what today’s organizations and solutions can handle and only growing more complex,” said Alex Bovee, Co-founder and CEO of ConductorOne. “This AI-driven complexity can only be managed with AI-native solutions that can scale and automate at the same pace. This funding supports our mission to build the first AI-native identity security platform that secures every identity—human, non-human, and AI—so companies can move faster, safer.”
Big news for the Portland startup community, to be sure.
For more, read “ConductorOne, the Identity Security Platform of the AI Era, Raises $79M Series B.” Forbes has a write up, as well.
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