Zitadel, a San Francisco, CA-based open-source provider of cloud-native identity infrastructure, has raised $9 million in Series A funding.
Investors
The round was led by Nexus Venture Partners, with additional participation from Floodgate.
Nexus Venture Partners is a venture capital firm managing $2.6 billion in capital across its funds, helping founders build product-focused companies. Based in Menlo Park, California, the firm invests primarily in seed-stage and early-stage.
Zitadel Use of Funds
The funding will enable Zitadel to accelerate product development and expand its technical team.
About Zitadel
Zitadel provides cloud-native identity infrastructure solutions. Its platform offers a comprehensive suite of tools for multi-tenant authentication, authorization, and user management. Designed for scalability, flexibility, and security, Zitadel empowers organizations to protect their cloud infrastructure and applications. The company serves over 150 customers globally, including enterprises and SMBs across industries such as manufacturing, finance, healthcare, education, and SaaS.
Funding Details
Company: Zitadel
Raised: $9.0M
Round: Series A
Funding Date: November 2024
Lead Investor: Nexus Venture Partners
Additional Investor: Floodgate
Company Website: https://zitadel.com/
Software Category: Identity Infrastructure Solutions
Source: https://www.prnewswire.com/news-releases/zitadel-raises-9-million-series-a-to-advance-cloud-native-identity-infrastructure-302311461.html