What is Britive?
Britive offers a cloud-native security platform designed for demanding cloud-forward enterprises. Its solutions empower cloud infrastructure, DevOps, and security teams with dynamic and intelligent privileged access administration for multi-cloud setups. Leveraging deep API integrations and patent-pending technology, Britive orchestrates permissioning for modern enterprise cloud infrastructure and applications. The platform facilitates the implementation of critical cloud security best practices, such as Just-In-Time (JIT) access and zero standing privileges (ZSP), aiming to prevent security breaches and operational disruptions while enhancing efficiency and user productivity. Britive serves medium to large businesses and Fortune 500 enterprises across various sectors including healthcare, automotive, retail, and media & entertainment.
How much funding has Britive raised?
Britive has raised a total of $30.5M across 2 funding rounds:
Series A
$10M
Series B
$20.5M
Series A (2021): $10M with participation from One Way Ventures, Crosslink Capital, and Upfront Ventures
Series B (2023): $20.5M led by Pelion Venture Partners and Crosslink Capital
Key Investors in Britive
Pelion Venture Partners
Pelion Venture Partners is an investment firm that manages a portfolio of funds, offering investment solutions tailored to institutional and individual clients seeking diversified opportunities. They focus on supporting clients in achieving their financial objectives through a managed fund approach.
Crosslink Capital
Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies, focusing on seed and Series A investments. They leverage a proprietary network and host numerous events annually to support their portfolio founders.
One Way Ventures
One Way Ventures is dedicated to supporting immigrant founders in building high-impact global companies, investing in exceptional startups and fostering community through events like the One Way Summit.
What's next for Britive?
With its recent substantial capital infusion, Britive is strategically positioned to accelerate its market penetration and further develop its innovative cloud security offerings. The company's focus on addressing the complex challenges of privileged access in multi-cloud environments aligns with the growing enterprise need for robust security postures. This latest backing is expected to fuel product enhancements, expand its go-to-market strategy, and strengthen its position as a leader in cloud-native security. Britive's continued growth trajectory suggests a strong market validation for its approach to securing modern enterprise cloud infrastructures.
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