ConductorOne announced a $ 5 million seed round led by Silicon Valley venture capital firm Accel. Fuel Capital, Fathom Capital and Active Capital also participated.
Founded late last year by veterans of the enterprise ID startup Okta, ConductorOne will use the funds to build a platform that enables IT pros to automate and manage employee permissions for cloud apps and infrastructure.
Alex Bovee is the co-founder and CEO, and Paul Querna is the co-founder and CTO. Bovee was most recently an Entrepreneur-in-Residence at Accel. He previously held product management roles at Okta and Lookout, a cloud security startup in San Francisco. Querna was the lead architect at Okta and previously the CTO and founder of ScaleFT, which Okta acquired in 2018.
ConductorOne is headquartered in Portland, Oregon and is remote-first. ConductorOne is currently expanding its team. The company has a waiting list to launch its beta product this summer.