Harvard, MA – According to filings with the U.S. Securities and Exchange Commission, Oort is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Matthew Caulfield played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Oort
Oort is an identity threat detection and response platform for enterprise security. With over 60% of security breaches involving the abuse of valid identity credentials, identity is the new perimeter, and organizations can no longer defend it with people alone. Oort enables cybersecurity and IT professionals to easily see and secure their identity and access management (IAM) program with a SaaS platform that takes just minutes to deploy, and reduces identity vulnerabilities at scale. Oort is a fully-remote startup based in Boston, MA, and is backed by leading investors including Bain Capital Ventures, 645 Ventures, and First Star Ventures.

To learn more about Oort, visit http://www.oort.io/

Contact:
Matthew Caulfield, Chief Executive Officer
857-600-0582
https://www.linkedin.com/in/mcaulfie/

SOURCE: http://www.intelligence360.io
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