Britive, a cloud-based identity protection company that aims to reduce fraudulent and unauthorized access to secure cloud environments, announced a $20.5 million Series B financing round, bringing its total raised to date up to $36 million. The round was led by Pelion Venture Partners with participation from Liberty Global, Crosslink Capital, and One Way Ventures. According to CEO Art Poghosyan, the money will be used to increase the company’s investments in product development, marketing, and client success.
Britive, Which Helps Secure Public Clouds, Lands $20.5M Investment