Oleria Wins 2024 SINET16 Innovator Award for Adaptive Identity Security Platform

Award recognizes platform for offering enterprises unmatched visibility, intelligence, and action to manage identity access across SaaS estate and other applications

BELLEVUE, WA – October 16, 2024 – Oleria, a visionary in identity security, today announced it has been named a winner of the prestigious 2024 SINET16 Innovator Award. This recognition highlights the significant momentum Oleria has achieved with its modern identity security platform, providing organizations with unprecedented visibility, intelligence, and action to better manage identities across their digital estate. By empowering security and access management teams to understand exactly who has access to what, how they obtained it, and what they’re actually doing with it, Oleria helps secure data and reduce risks.

The SINET16 Innovator Award recognizes the most innovative cybersecurity companies worldwide. Presented annually by SINET, an organization dedicated to advancing cybersecurity innovation, Oleria was selected from over 200 applicants across 13 countries. Winners were judged based on their ability to solve critical cybersecurity challenges, as evaluated by over 100 CISOs, government security experts, and industry veterans.

“We’re honored to be recognized as one of the most innovative cybersecurity companies of 2024 for our work in identity security,” said Jim Alkove, co-founder and CEO of Oleria. “As cybercriminals increasingly target identities, organizations are struggling with outdated systems and manual processes that lack the visibility and control needed to combat modern threats. Oleria tackles this with an adaptive platform that gives CISOs and their teams the panoptic visibility, intelligence, and tools they need to stay ahead of emerging threats.”

Oleria’s Trustfusion platform delivers a comprehensive identity security solution custom-built for the evolving needs of modern enterprises. By seamlessly integrating identity governance (IGA), identity security posture management (ISPM), and threat detection and remediation (ITDR), Oleria enables organizations to proactively manage identity and access risks. This approach enables businesses to reduce their attack surface while maintaining agility.

"With a record number of identity-related security incidents and data breaches, the need for evolved security has never been more urgent," continued Alkove. "Oleria’s adaptive platform finally gives CISOs and their teams the peace of mind they’ve been looking for. We’re not only reimagining identity security—we’re empowering organizations with actionable insights, resilience and agility. Our platform will leverage AI to help organizations anticipate and proactively mitigate identity risks before they escalate into breaches, ensuring our customers’ most valuable assets are protected."

The SINET16 Innovator Award highlights companies solving today’s most pressing cybersecurity challenges. This year’s winners were chosen through a rigorous two-round judging process.

About Oleria:

Oleria delivers adaptive and autonomous identity security solutions designed to protect and empower today’s enterprises. Built on the groundbreaking Trustfusion platform, Oleria Adaptive Security offers fine-grained access visibility and usage insights at an individual resource level, empowering businesses to reduce their attack surface and stay ahead of emerging threats. Founded by cybersecurity veterans, Oleria has raised over $40 million from investors including Evolution Equity Partners, Salesforce Ventures, Tapestry VC, and Zscaler. For more information, visit www.oleria.com.