AuthZed Revolutionizes Permissions Management with $12M Series A Funding
July 2, 2024, 9:46 pm
AuthZed, a NYC-based startup, has secured $12 million in Series A funding to accelerate its strategic expansion in the realm of permissions management. Led by CEO Jake Moshenko, AuthZed is on a mission to simplify and enhance authorization processes for enterprises of all sizes.
Founded in 2020 by veterans of CoreOS and RedHat, AuthZed provides a secure and scalable permissions management system for modern applications. The company's innovative approach addresses the growing complexity of user interactions in today's applications, offering a universal, fast, scalable, and easy-to-use solution.
AuthZed's flagship product, SpiceDB, is an open-source, scalable, and consistent permissions database that incorporates principles from Google's Zanzibar paper. This allows application teams to implement fine-grained access control, ensuring only authorized users can access specific data and features.
With a six-fold growth in annual recurring revenue in 2023, AuthZed has already made a significant impact in industries such as healthcare, finance, and gaming. Notable customers include Canva, Turo, HackerRank, and Avise Analytics.
The Series A funding round, led by General Catalyst with participation from Work-Bench and Amplify Partners, will enable AuthZed to continue providing meaningful user experiences powered by their scalable and flexible permissions system architecture. CEO Jake Moshenko emphasizes the importance of federation in the digital landscape, enabling end users to securely share sensitive information with confidence and precision.
AuthZed's commitment to customer loyalty is evident through collaborations with industry leaders like Canva, where the company's permissions system has streamlined operations and saved engineering time.
In a world where authorization complexity continues to grow, AuthZed stands out as a beacon of innovation, offering a powerful solution for permissions management that is reshaping the way organizations approach access control. With SpiceDB at the core of its offerings, AuthZed is poised to revolutionize the permissions management landscape and drive forward the evolution of software applications.
Founded in 2020 by veterans of CoreOS and RedHat, AuthZed provides a secure and scalable permissions management system for modern applications. The company's innovative approach addresses the growing complexity of user interactions in today's applications, offering a universal, fast, scalable, and easy-to-use solution.
AuthZed's flagship product, SpiceDB, is an open-source, scalable, and consistent permissions database that incorporates principles from Google's Zanzibar paper. This allows application teams to implement fine-grained access control, ensuring only authorized users can access specific data and features.
With a six-fold growth in annual recurring revenue in 2023, AuthZed has already made a significant impact in industries such as healthcare, finance, and gaming. Notable customers include Canva, Turo, HackerRank, and Avise Analytics.
The Series A funding round, led by General Catalyst with participation from Work-Bench and Amplify Partners, will enable AuthZed to continue providing meaningful user experiences powered by their scalable and flexible permissions system architecture. CEO Jake Moshenko emphasizes the importance of federation in the digital landscape, enabling end users to securely share sensitive information with confidence and precision.
AuthZed's commitment to customer loyalty is evident through collaborations with industry leaders like Canva, where the company's permissions system has streamlined operations and saved engineering time.
In a world where authorization complexity continues to grow, AuthZed stands out as a beacon of innovation, offering a powerful solution for permissions management that is reshaping the way organizations approach access control. With SpiceDB at the core of its offerings, AuthZed is poised to revolutionize the permissions management landscape and drive forward the evolution of software applications.