DOYLESTOWN, PA — Ory Corp recently announced the appointment of Jeff Kukowski as its new Chief Executive Officer. With a rich background in cybersecurity and cloud solutions, spanning roles at SecureAuth, Yubico, CloudBolt, and Axon, Kukowski’s expertise is expected to drive significant advancements in Ory’s open-source initiatives and expand its influence across the Ory Network, one of the world’s largest Identity and Access Control Networks.
This appointment comes at a pivotal moment for the IAM sector, which is experiencing a surge in demand for open-source solutions that offer scalability, enhanced control, and robust security. The need for these solutions is particularly acute as organizations face growing complexities and security risks in modern cloud infrastructures, alongside an escalation in sophisticated cyberattacks aimed at compromising digital identities.
Recent surveys underscore the urgency of the situation, revealing that 90% of organizations experienced at least one identity-related security breach in the last year, marking a significant increase from the previous year. This statistic highlights the critical need for innovative and secure IAM solutions, a domain where Ory has been making notable strides with its flexible deployment options and seamless integration capabilities for multi and hybrid cloud environments.
Kukowski expressed enthusiasm about leading Ory through its next growth phase, emphasizing the company’s role in enabling engineers to tackle complex challenges unaddressed by current market solutions. “Ory has clearly been leading the way for engineers to solve complex challenges that are not well solved by existing market players. I am excited to work with our community and partners to meet even more of these success-defining challenges,” Kukowski stated.
George Mathew, Chairman of Ory Corp and Partner at Insight Ventures, lauded Kukowski’s appointment, citing his deep understanding of the complexities of today’s cybersecurity and IAM landscape and a customer-first approach as vital assets for propelling Ory’s identity management efforts forward.
In tandem with Kukowski’s appointment, Ory also closed its Series A extension, securing an additional $5 million investment led by Insight Ventures and Balderton Capital. This infusion of funds is earmarked for accelerating product development, enhancing customer support, and ramping up growth marketing initiatives.
Colin Hanna, Partner at Balderton Capital, highlighted the timeliness of Kukowski’s leadership, noting, “Companies around the world are rethinking user management and access control. Ory offers secure, transparent solutions, uniquely built on top of open source. Jeff’s deep industry knowledge and experience will be invaluable in further accelerating Ory’s growth.”
The strategic moves by Ory Corp, underscored by Kukowski’s appointment and the fresh round of funding, position the company to address the pressing needs of the rapidly evolving IAM market. With a focus on open-source solutions, Ory is poised to redefine secure, efficient identity and access management for organizations navigating the complexities of the digital age.
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