- The funding was led by Accel and saw participation from Unusual Ventures and A.Capital
- Forrester predicts that the public cloud market will grow from more than $140 billion at present to $411 billion in 2022
Cloud-native authorization company Styra has raised $14 million in series A funding which it will use to support its open source community centered around Open Policy Agent (OPA) and to enhance its turnkey enterprise security and compliance solutions for Kubernetes environments.
Bill Mann, CEO, Styra, said, “Kubernetes has evolved from experimentation to production, and old-school security and compliance tools cannot possibly address the dynamism, scale, and exponential complexity of today’s cloud-native stack. We are thrilled to partner with Accel as we reinvent policy and authorization to meet today’s privacy demands in the new stack—from Kubernetes and CICD to streaming databases, application program interface (APIs), servicemesh, apps, cloud platforms, and more.”
Accel,Unusual Ventures and A.Capital
The funding was led by Accel and saw participation from previous investors Unusual Ventures and A.Capital. The company says it created Open Policy Agent to solve authorization challenges that arise from the speed and scale of containerised application environments. Just like Kubernetes, Prometheus and Envoy, OPA has moved from sandbox into the incubating stage says Styra.
An official statement from the company says, “Our commercial Declarative Authorization Service (DAS) provides a sophisticated management plane that provides context-based guardrails built from a graphical policy library to mitigate risks, reduce human error and accelerate development. Styra DAS makes management of distributed OPA deployments possible, facilitates multi-cluster and multi-cloud management, and enables DevOps teams to prove security and compliance both internally and externally.”