Otterize, an open-source solution that's re-inventing how to connect services securely, to each other and to their infrastructures, today announced $11.5M in seed funding and publicly unveiled its new Otterize Cloud product, which is now in GA. The round was led by Index Ventures, followed by Dig Ventures, Vine Ventures, with participation by Jibe Ventures, Crew Capital, and Operator Partners.

Notable angel investors include: Abhinav Asthana, CEO of Postman; Adrian Ludwig, Chief Trust Officer at Atlassian; Akhil Paul, Investor at Caparo Group; Caleb Sima, former CSO at Robinhood; Dion Almaer, VP Engineering at Shopify; Guy Podjarny, Co-Founder of Snyk; Greg Schott, former CEO of MuleSoft; Ken Fox, Founder of Stripes; Mahau Ma, former SVP Corporate Strategy at MuleSoft; Michael Shaulov, CEO of Fireblocks; Nadir Izrael, CTO of Armis; Nat Friedman, former CEO of GitHub; Peter McKay, CEO of Snyk; Sanjay Poonen, former COO of VMware; Tamar Yehoshua, former CPO of Slack; Yevgeny Dibrov, CEO of Armis; Yvonne Wassenaar, former CEO of Puppet; and several additional technology leaders.

Otterize was founded in 2022 by Tomer Greenwald, Uri Sarid, and Ori Shoshan. The company provides an open source intent-based access control (IBAC) solution for DevOps and platform engineers to automate the secure connection of services to each other and to infrastructure. Otterize's IBAC solution automates the configuration process of existing access controls, allowing developers to gain secure access to all the services and infrastructure they need.