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Styra Raises $40M Series B Financing Round

2021-05-18
REDWOOD CITY, CA, Styra, the founder of Open Policy Agent (OPA) and leader in cloud-native authorization, has raised a $40 million Series B funding round.
Styra, the founder of Open Policy Agent (OPA) and leader in cloud-native authorization, has raised a $40 million Series B funding round to continue driving the reinvention of policy and authorization for cloud-native applications. The round was led by Battery Ventures with participation from previous investors, A. Capital, Unusual Ventures, and Accel, as well as new investors at Capital One Ventures and Citi Ventures. With this funding, Dharmesh Thakker, General Partner at Battery Ventures, will be joining the Styra board. The round further solidifies its market leadership and provides capital to accelerate its founders' vision-to create the standard for authorization-which started with OPA.

Styra, the founders of Open Policy Agent (OPA), provides open source and commercial solutions that enable enterprises to define, enforce and monitor authorization policy across their cloud-native applications, as well as the infrastructure they run on. Styra policy-as-code solutions let developers, DevOps and security teams mitigate risks, reduce human error and accelerate application development.
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