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Zitadel Raises $9 Million Series A to Advance Cloud-Native Identity Infrastructure

Zitadel Raises $9 Million Series A to Advance Cloud-Native Identity Infrastructure

November 28, 2024 Craig Etkin

Zitadel elevates open source project for enterprises that need multi-tenancy identity infrastructure across public and private cloud, flexible deployments, and data security

SAN FRANCISCO, Nov. 20, 2024 /PRNewswire/ — Zitadel, creators of the popular open source project for cloud-native identity infrastructure, today announced its $9 million Series A funding round led by Nexus Venture Partners with participation from Floodgate. Both firms represent the world’s best experts in open source, developer tools, and identity infrastructure. Zitadel’s developer-first approach and a strong focus on data security and ownership has fueled its growth to more than 150 customers across North America and Europe. This investment will further Zitadel’s vision to lead the identity infrastructure and authentication market.

Abhishek Sharma, Managing Director at Nexus Venture Partners, said, “We have been impressed with the Zitadel team’s vision and are excited to strengthen our partnership. With a vision to bring a cloud-native identity platform that puts developer experience and data security at its core, Zitadel is on the path to becoming the de facto standard for identity and authentication management. The identity and authentication space is ripe for disruption and Zitadel is well-positioned to win.”

“Zitadel is addressing a critical need in the market for cloud-native identity infrastructure. The identity solutions in the market today fall short on their promise to deliver simplicity of integration and flexible deployment options, especially for mid-market and large enterprises,” added Mike Maples, Jr. Founding Partner at Floodgate. “Zitadel’s vision and continued execution are reflected in a steady growth in their customer base, strengthening their ability to become the leading identity infrastructure provider.”

As subscription-based businesses continue to outgrow traditional business models, numerous companies are seeking scalable solutions to authenticate, authorize, and manage users efficiently. Companies are also challenged more than ever to ensure data is protected with the highest level of security. By offering cloud-native identity infrastructure with multi-tenancy capabilities, Zitadel is the only identity infrastructure tailored for the enterprise to tackle authentication and permission management.

“Zitadel is more than just a tool; it is a comprehensive identity platform that caters to the diverse needs of developers, operators, and security professionals”, said Florian Forster, co-founder and CEO of Zitadel. “Embarking on this next phase, we will invest in our platform, customers, and the open source community by improving APIs and SDKs for developers, enhancing observability and visualization tools for site reliability engineers, and investing in AI-driven threat detection and security incident management modules.”

Businesses today struggle with the complexities of single sign-on, multi-factor authentication, and granular permissions, especially in business-to-business (B2B) environments. Zitadel’s open source approach, developer-friendly APIs, and a robust multi-tenant architecture make it easy to integrate with both new and existing applications. This empowers customers to manage multiple organizations and security policies simultaneously.

Zitadel serves a globally distributed customer base of over 150 businesses with an identity platform that caters to a diverse range of industries, including manufacturing, finance, education, healthcare, and SaaS. Zitadel’s customers include large enterprises with advanced use cases and deployments, as well as small and medium-sized businesses (SMBs), that value the company’s developer-first approach, commitment to data ownership, comprehensive audit trails, and flexible deployment options. Zitadel gives businesses complete control over their sensitive data and ensures regulatory compliance.

The Series A investment will enable Zitadel to accelerate product development, expand its technical team, and strengthen its position as the leading solution in cloud-native identity security. Developers will be able to create fully customizable login experiences that seamlessly integrate with existing protocols like SAML2 and OpenID Connect. Security operators will be empowered to derive actionable insights through data aggregation, enabling them to monitor compliance and security across user behaviors and application usage patterns. By streamlining complex processes, security operators can leverage advanced usage analytics and threat intelligence capabilities, allowing them to focus on strategic security initiatives.

For more information about Zitadel, please visit: https://zitadel.com/

About Zitadel
Zitadel is the leading provider of 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. For more information, please visit https://zitadel.com/

About Nexus Venture Partners
Nexus helps extraordinary founders build product-first companies and manages $2.6B capital across funds. Over the years, we’ve supported companies like Postman, Apollo.io, Zepto, MinIO, Hasura, Orkes, Fingerprint, Observe.ai, Neuron7.ai, Nx, Druva, Rancher, Ultrahuman, Pubmatic, Delhivery, H2O.ai, ISFC, Rapido, and Turtlemint. To learn more about us, please visit www.nexusvp.com or follow @nexusvp on X.

About Floodgate
Floodgate’s core belief is that the world needs more breakthrough builders who design the future. Over the past 2 decades, we have been early believers and investors in transformational consumer and B2B startups like Okta, Twitter, Twitch, Lyft, Applied Intuition, and others. You can find our core beliefs at www.floodgate.com.

Press Contact:
Jennifer Cloer
503-867-2304
jennifer@storychangesculture.com

SOURCE Zitadel

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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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