OneLogin Closes $1.5M Series A Funding

OneLogin, a Los Angeles, CA-based cloud Identity and Access Management (IAM) provider, closed a $1.5m series A funding round from existing backer Charles River Ventures.

The company intends to use the funds to expand its engineering, sales and product development functions.

Launched in 2010 by Thomas and Christian Pedersen, OneLogin provides an on-demand solution consisting of single sign-on, password management, multi-factor authentication, directory integration, and user provisioning.
It is pre-integrated via SAML with a wide range of enterprise applications, such as Salesforce, WebEx, Workday, Google Apps, AtTask, LotusLive, OpenAir, Yammer, and Zendesk.

Other investors in the company include venture capital firm Redpoint Ventures, and private backers Alexander Aghassipour, Chief Product Officer and Co-founder, Zendesk, Les Hayman, former SAP Board Member, Tom James, David O. Sacks, CEO, Yammer, Jim Patterson, Yammer, and Kenny van Zant, Chief Strategy Officer, SolarWinds.

FinSMEs

24/06/2011

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