Ory Corp, known for maintaining the most popular open-source ecosystem for
authentication, authorization and federation, has appointed Jeff Kukowski as its
new CEO. Drawing from his experience at companies like SecureAuth, Yubico
(YUBCF), CloudBolt, and Axon (AXON), Jeff brings practical knowledge and a clear
vision that will benefit Ory's open-source roadmap and the companies operating
within the Ory Network — one of the largest Identity and Access Control Networks
in the world.
The increasing adoption of open-source for IAM coincides with market needs for
better scale, control and security. Ory's solutions continue to gain momentum
within organizations modernizing their identity stacks across multiple sectors
today. Meanwhile, mounting complexities and identity-related security risks
within modern cloud infrastructures are escalating, further fueling demand for a
reliable solution and rapidly expanding the IAM market. With cyberattacks
continuing to evolve in sophistication and frequency, protecting digital
identities has never been more crucial.
According to a recent 2023 survey, a staggering 90% of organizations encountered
at least one identity-related breach in the past year, representing a 7.1%
increase from the previous year's figure of 84%. With the number of attacks and
breaches expected to rise, Ory's strengths in flexible deployment options and
seamless integration into multi and hybrid cloud solutions have been catering to
companies needing to modernize how users securely access information.
“Ory has clearly been leading the way for engineers to solve complex challenges
that are not well solved by existing market players. Open-source adopters and
companies on the Network celebrate their ability to have more granular control,
flexibility and security in the way they implement critical access for their
workers, their partners and their customers — machines and humans alike. I am
excited to work with our community and partners to meet even more of these
success-defining challenges,” said Kukowski.
“Jeff is a cybersecurity, multi-cloud and identity and access management
professional who understands the complexity of today’s environment. With a track
record of putting customers first, he is perfectly suited to help accelerate
identity efforts in this complex new world,” said George Mathew, Chairman of Ory
Corp and Partner at Insight Ventures.
In related news, Ory has recently closed its Series A extension with an
additional $5 million investment, led by Insight Ventures and Balderton Capital.
This additional funding will bolster Ory's efforts to fuel product development,
enhance customer support, and increase growth marketing initiatives.
“We’re thrilled to welcome Jeff as CEO of Ory. 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.” said
Colin Hanna, Partner at Balderton Capital.
“We are excited that Jeff joined Ory as CEO. His expertise will advance our
growth alongside our community and customers. With Jeff on board, we move one
step closer to securing the internet,” said Aeneas Rekkas, Founder and CTO of
Ory.
