Stormpath Closes $8.2M in Series A Financing

Published On February 19, 2013 |

Stormpath, a San Mateo, CA-based user management and authentication service for developers, closed $8.2m in Series A financing.

The round was led by New Enterprise Associates and Pelion Venture Partners, with participation from Flybridge Capital Partners.

Founded in 2011 and led by CEO Alex Salazar and CTO Les Hazlewood, Stormpath has just launched a secure user management and authentication service, which enables plug-and-play security and accelerates application development on any platform. Built for developers, it offers an easy API, open source SDKs, and an active community.

The company formally exited its beta period with more than 1,000 users onboard and launched general availability of its service. The user management service is free for developers, with premium features offered in a subscription-based pricing model.

FinSMEs

19/02/2013

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