PlainID Achieves Significant 2022 Milestones

PlainID announced the launch of its Authorization-as-a-Service platform powered by Policy-based Access enabling Identity-First Security while expanding its global sales and marketing team and growing revenue by more than 50 percent.

With its 2021 $75 million in Series C funding in 2022, PlainID expanded its go-to-market strategy, accelerated product development and enabled many organizations to govern, administer and control who can access assets across their digital landscape. This was demonstrated with its summer launch of the Authorization-as-a-Service platform.

Designed to solve enterprise challenges associated with advanced access control, PlainID’s Platform is designed for the scale and performance demands of large global companies and is powered by policy-based access control (PBAC). Additionally, the company added pre-built, third-party PlainID Authorizers, which provide access control for vital authorization enforcement patterns, authorization for API Gateways, Microservices, and data lakes.

Throughout 2022, PlainID announced several strategic moves and partnerships contributing to its customer growth, including:

  • The PlainID Technology Network – Developed with PlainID partners, the network delivers PlainID’s cutting-edge technology worldwide to help organizations securely transform authorization and access control.
  • Denodo – Along with Denodo, PlainID enables clients to manage access to data in motion using policy to control access to data in complex enterprise environments.
  • Dremio – PlainID orchestrates policy-based access control for Dremio by enabling granular control and visibility of the data ecosystem with centralized policies that create, enforce, and manage, including workflow approvals for policy updates.
  • iC Consult – Positions PlainID as a strategic reseller and systems integrator for PlainID products, providing the necessary expertise required to consult and deliver on authorization requirements for any customer.

PlainID’s sales expansion reflects the company’s continued growth as a leader in authorization. The company’s sales and marketing management team expanded with four industry veterans driving PlainID’s global GTM strategy.