# Britive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/britive

- Industry: Software
- Headquarters: Glendale, US
- Website: www.britive.com
- Total disclosed funding: $31M
- Latest round: Series B (Mar 23, 2023)
- Investors on record: 5

## About

Britive Inc. is a US-based company that specializes in Dynamic Cloud Privileged Access Management (CPAM), providing innovative solutions to enhance identity security across cloud and hybrid environments.Founded in 2018 by Artyom Poghosyan and Sameer Hiremath, Britive Inc. operates from its headquarters in Glendale, US. The company has engaged in three funding rounds, with the most recent being a Series B round on March 23, 2023, where it raised USD 20.5 mn led by Pelion Venture Partners, alongside other investors including Crosslink Capital and Liberty Global Ventures. The total amount raised by the company is USD 20.5 mn and its current valuation stands at USD 67.649 mn.Britive specializes in Dynamic Cloud Privileged Access Management (CPAM), offering a comprehensive platform designed to address modern identity security challenges. The core features include agent-less and proxy-less just-in-time (JIT) permissions that eliminate standing privileges, providing secure and temporary access for human, non-human, and artificial intelligence identities across cloud and hybrid environments. Britive’s solutions target securing cloud migrations, improving compliance, and enhancing integration with multi-factor authentication processes. The platform manages identity and access across various infrastructures, serving clients across security, engineering, and operations teams in North America and Europe.Britive generates revenue through a subscription-based model for its CPAM services, allowing organizations to access its innovative access management platform. Clients typically enter into annual contracts that include features such as self-service access requests and privileged session monitoring. This pricing structure aims to provide flexibility and scalability to meet varying organizational needs while supporting security and operational efficiency. The company's transactions focus on B2B relationships, emphasizing the value of its flagship services, particularly the patented JIT permissions.In March 2023, following the Series B funding round that raised USD 20.5 mn, Britive plans to utilize the investment to enhance customer success, marketing, and sales efforts, as well as to further product development. The company is focused on introducing new products aimed at improving user experience and expanding its market presence within North America and Europe. Britive is also exploring opportunities to penetrate new geographic markets, intending to execute this strategy within the next 12 to 18 months.

## Funding rounds

- Series B, Mar 23, 2023, $21M — Pelion Venture Partners, Crosslink Capital, Liberty Global Ventures, One Way Ventures
- Series A, May 19, 2021, $10M — Upfront, Crosslink Capital, One Way Ventures

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Series A
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A, Series B
- One Way Ventures (https://capitalatlas.ai/funds/one-way-ventures) — Series A, Series B
- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Series B
- Liberty Global Ventures (https://capitalatlas.ai/funds/liberty-global-ventures) — Series B