OneLogin Raises $100M in Financing

OneLoginOneLogin, a San Francisco, CA-based provider of a Unified Access Management solution, closed a $100m growth financing round.

The round was led by new investors Greenspring Associates and Silver Lake Waterman, with participation from existing investors CRV and Scale Venture Partners.

The company, which has received a total of more than $170m in funding to date, will use the capital to accelerate adoption of its new products, such as Multi-Factor Authentication (MFA), and to increase its North American and European presence.

Led by Brad Brooks, CEO, OneLogin provides a Unified Access Management platform that connects people with the apps, devices, and data that drive productivity and facilitate collaboration through a secure login. The conpany serves businesses and partners across a multitude of industries, with over 2,500 customers worldwide including Bay Area Rapid Transit (BART), Compass, and Broward College.

OneLogin has approximately 250 employees globally and recently opened a new growth center at the Atlanta Tech Park and a development center in Seattle.

FinSMEs

10/01/2019

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