$15M Raised to Protect Enterprises Against Account Takeovers

Oort, a Boston, MA-based identity-centric enterprise security platform, raised $15 million in the funding of Seed and Series A rounds. I interviewed Matt Caulfield, Founder and CEO at Oort. Matt put his time in as a cloud/systems engineer. While working at a Fortune 100 company, he saw a market opportunity in security and ditched his employee title for SaaS founder. Oort will use the funds to grow and further accelerate its go-to-market (GTM) strategy and leadership in identity threat detection and response. The round was co-led by .406 Ventures, Energy Impact Partners (EIP), and Cisco Investments and joined by existing investors including 645 Ventures, Bain Capital Ventures, and First Star Ventures. CFO's watch out! You are a security target. Oort protects against account takeovers Founded 2019 Team size of 20 $15M total raised Land and expand GTM strategy Very engaged customers were a signal to raise Matt Caulfield’s LinkedIn: https://www.linkedin.com/in/mcaulfie/ Fundraise Story: https://www.thesaasnews.com/news/oort-raises-15-million-in-funding