Britive today announced it received $20.5M in Series B funding to support surging customer growth and soaring interest in the company's dynamic and intelligent privileged access management platform.

The Series B funding round was led by Pelion Venture Partners with participation from Liberty Global Ventures and insiders Crosslink Capital and One Way Ventures. The investment comes at a time of strong momentum marked by more than 300% year-over-year revenue growth fueled by major customer wins across financial, retail, high-tech and other industry verticals.

Britive is a cloud-native security solution built for the most demanding cloud-forward enterprises. The Britive platform empowers teams across cloud infrastructure, DevOps, and security functions with dynamic and intelligent privileged access administration solutions for multi-cloud environments. Using deep API-based integrations, our patent-pending technology orchestrates permissioning for the modern enterprise cloud infrastructure and applications. The Britive platform helps organizations implement cloud security best practices like Just-In-Time (JIT) access and zero standing privileges (ZSP) to prevent security breaches and operational disruptions, while increasing efficiency and user productivity. Customers include medium to large businesses and Fortune 500 enterprises across healthcare, automotive, retail, media & entertainment, and other industries. Britive was founded by security industry veterans with a track record as successful entrepreneurs and innovators.