Auth0 Raises $103M in Funding, Valued at Over $1 Billion

auth0Auth0, a Bellevue, WA-based Identity-as-a-Service (IDaaS) platform provider, closed a $103M Series E funding.

The round, which brought total funding to more than $210M and valued the company at more than $1 Billion, was led by Sapphire Ventures with participation from existing investors Bessemer Venture Partners, K9 Ventures, Trinity Ventures, Meritech Capital, and World Innovation Lab.

The company intends to use the funds to expand pipeline and global growth.

Led by Eugenio Pace, CEO and co-founder, Auth0 is a provider of a SaaS developer-centric identity management platform to thousands of customers in every market sector to secure their web, mobile, IoT, and internal applications. The platform authenticates and secures more than 2.5 billion logins per month.

The company, which has additional offices in Buenos Aires, London, Tokyo, and Sydney, supports 7,000 customers in 70+ countries.

FinSMEs

20/05/2019

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