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0 0.000326051516139485 -0.00195630909683726 -0.000326051516139601 0.00293446364525595 -0.000652103032279086 0.000652103032279086 -0.00456472122595372
Stock impact report

Zitadel Raises $9 Million Series A to Advance Cloud-Native Identity Infrastructure [Yahoo! Finance]

PubMatic, Inc. - Class A (PUBM) 
Company Research Source: Yahoo! Finance
SAN FRANCISCO Nov. 20, 2024 /PRNewswire/ -- Zitadel, creators of the popular open source project for cloud-native identity infrastructure, today announced its $9 million Series A funding round led by Nexus Venture Partners with participation from Floodgate. Both firms represent the world's best experts in open source, developer tools, and identity infrastructure. Zitadel's developer-first approach and a strong focus on data security and ownership has fueled its growth to more than 150 customers across North America and Europe . This investment will further Zitadel's vision to lead the identity infrastructure and authentication market. Abhishek Sharma , Managing Director at Nexus Venture Partners, said, "We have been impressed with the Zitadel team's vision and are excited to strengthen our partnership. With a vision to bring a cloud-native identity platform that puts developer experience and data security at its core, Zitadel is on the path to becoming the de facto standard for ide Show less Read more
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