After being seeded with $1.5 million in March 2012, Stormpath, a provider of identity access control services for cloud and enterprise applications, has brewed up $8.2 million in Series A funding. Based in San Mateo, CA, the company’s product utilizes an application programming interface that allows cloud service providers to authenticate users and manage various components of their accounts, including password security. Financing for this round came from lead investors New Enterprise Associates and Pelion Venture Partners, with participation from Flybridge Capital Partners. Stormpath also emerged from beta this week.
