Strata Identity provides an identity orchestration platform called Maverics that enables organizations to manage and unify their identity systems across multi-cloud and hybrid environments. The platform creates an abstraction layer that bridges disparate identity systems and allows companies to enforce consistent access policies without rewriting application code. Through its identity fabric technology, Maverics helps organizations integrate existing identity systems and cloud identity providers, enabling them to modernize legacy applications and implement features like passwordless authentication. The platform also includes identity continuity capabilities that prevent application outages by allowing seamless failover to alternate identity providers when primary systems go offline. In January 2023, the company reported revenue growth of over 350% year-over-year. Strata's technology earned recognition as the Best Identity and Access Management Solution in the 2024 Cloud Security Awards.
Key customers and partnerships
The company's platform has been adopted by major enterprises across various sectors. A large consumer bank utilized Strata to migrate 80 applications to Okta while retiring their legacy identity provider. One of the largest US retailers leveraged the platform to transition 200 applications to Microsoft Entra ID, and a Fortune 500 manufacturer implemented it to secure hundreds of applications while phasing out two legacy identity providers.
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