Otterize

Intent-based Control Solution for Cloud-native Teams

Business Software
Acquired by Cyera on Jun, 2025
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Company Overview

Snapshot

Founded in November 2021 by Tomer Greenwald, Uri Sarid, and Ori Shoshan, Otterize operates with 1-10 employees. The company has raised $11.5 million across one funding round from 4 investors, with Index Ventures and Vine Ventures identified as lead investors. In June 2025, Otterize was acquired by Cyera.

Business overview

Otterize provides an open-source solution designed to securely connect services within cloud-native environments. Its core technology enables DevOps and platform engineers to automate the secure connection of services to each other and to underlying infrastructures. The company's product, Otterize Cloud, utilizes intent-based access control (IBAC) to allow developers to declare intended calls, automatically configuring access controls. Otterize primarily serves enterprises and software development teams within the IT & Network Management and Project Management & Collaboration sectors.

Strategic signal

The acquisition of Otterize by Cyera in June 2025 signifies a strategic consolidation within the cloud security market. This move enhances Cyera's cloud data protection platform by integrating Otterize's intent-based access control technology, addressing the critical need for securing non-human identities in cloud environments. For investors, this indicates a strong validation of Otterize's technology and a strategic expansion of Cyera's market position, highlighting the increasing importance of comprehensive cloud security solutions.

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Company Intelligence Q&A

What was the most significant recent corporate development for Otterize?
In June 2025, Otterize was acquired by Cyera, an Israeli cybersecurity company. This acquisition aims to enhance Cyera's cloud data protection platform by integrating Otterize's technology for securing non-human identities in cloud environments.
When was Otterize founded and by whom?
Otterize was founded in November 2021 by co-founders Tomer Greenwald, Uri Sarid, and Ori Shoshan.
What was Otterize's last funding round?
In April 2023, Otterize raised $11.5 million in a Seed funding round. Index Ventures and Vine Ventures were among the lead investors in this round.
What is Otterize's primary product?
Otterize's primary product is Otterize Cloud, an open-source solution that helps connect services securely to each other and their infrastructures using intent-based access control (IBAC).
What problem does Otterize solve for its customers?
Otterize helps DevOps and platform engineers automate the secure connection of services to each other and to infrastructures, providing effortless and secure service-to-service access without requiring new authorization components.
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