Strata Identity Named Top Cybersecurity Startup for 2021 in Black Unicorn Awards

By STS News Desk On Aug 3, 2021

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Strata Identity, the distributed, multi-cloud identity orchestration company, announced it has been named a winner of the 2021 Black Unicorn Award as a Top 10 Cybersecurity Startup of the year. Presented annually at the Black Hat USA conference, the Black Unicorn Awards recognize companies that have the potential to achieve unicorn status, namely a $1 billion-dollar market value as determined by private or public investment sources.

.@StrataIdentity Named Top Cybersecurity Startup for 2021 in Black Unicorn Awards . Multi-cloud Identity Orchestration Provider Selected as Company to Watch at Black Hat USA.

The company was also recently named a top emerging vendor by CRN, one of CSO Online’s Cybersecurity Startups to Watch, and the first runner up in the 2021 RSA Innovation Sandbox Competition.

“Being named a Black Unicorn Top Cybersecurity Startup at Black Hat USA validates our vision and approach for solving the multi-cloud identity management problem using identity orchestration,” said Eric Olden, CEO of Strata Identity. “With more than 93% of enterprises using multiple clouds and several different identity systems both in the cloud and on-premises, we are addressing an urgent pain point by helping customers seamlessly bridge the old and new world of identity.”

Strata’s Maverics Identity Orchestration Platform™ is the first distributed, standards-based orchestration solution that automates multi-cloud and hybrid cloud identity management. With Maverics, organizations can enable legacy on-premises identity to coexist indefinitely with modern cloud identity systems, all without making any code changes to their applications. The average large enterprise has hundreds of applications. Because identity systems are tightly integrated with each application, Maverics represents a game-changer for companies that are undergoing digital transformation, modernization, and cloud migration.

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