Sphere Technology Solutions offers a SaaS identity hygiene platform that provides visibility and remediation of identity hygiene risks alongside tech-enabled managed services. The company’s SPHEREboard platform delivers an end-to-end workflow for end-user and privileged account controls across cloud and on-premises systems, remediating open, excessive, and inappropriate access and providing an evergreen path for sustainability. Led by founder and CEO Rita Gurevich, Sphere serves some of the largest and most highly regulated organizations globally, including financial institutions and healthcare providers. The company raised $31M in a Series B to support growth. Sphere intends to use the funds to expand its SaaS offering, channel ecosystem and alliances, and sales and marketing to accelerate growth. Sphere offers a platform and managed services to help companies implement a Least Privileged Access model and minimize data-breach risk by enforcing access controls across data, platforms and applications. Led by CEO and founder Rita Gurevich, the company combines automation and human expertise to operationalize governance, security and compliance programs. Its automation platform, SPHEREboard, is a core component of the offering and is paired with targeted subject-matter experts in the SPHERExperts team. Sphere packages these capabilities as SPHEREsoftserve, a unified solution that blends technology and customized problem solving to fit customers' unique requirements and culture. The company sells a mix of software and managed services aimed at increasing adoption of core governance controls, expanding coverage of access controls and improving customer ROI. Financially, Sphere completed a $10M Series A to fund expansion of its capabilities and managed-service operations.

Total raised

$41M

Funding rounds

2

Latest round

Series B

Latest activity

Nov 2022