ConductorOne Inc., identity and access management startup, has raised USD 15 million in new capital for product development and marketing. Fuel Capital, Fathom Capital, Active Capital, and a number of private investors joined the Series A round that was led by Accel. The business has now raised USD 20 million in total, including the new funding.
ConductorOne was founded in 2020 by former Okta Inc. employees Paul Querna and Alex Bovee. It offers a platform that combines web and modern infrastructure permission management. The platform is said to “decentralize and democratize” access to cloud applications and infrastructure by making providing access and maintaining permissions easy, secure, and compliant.