Strata, the distributed multi-cloud identity orchestration company, today announced it has closed a $26M Series B round of financing led by Telstra Ventures with participation from existing investors Menlo Ventures, Forgepoint Capital and Innovating Capital. The company has developed, Mavericsâ„¢, the first distributed identity orchestration platform that enables organizations to adopt modern cloud identity systems without the need to rewrite applications, saving millions and years of manual migration.