Auth0, a Bellevue, Wash. – based identity platform for development teams, closed a $120m Series F funding round.
The round, which brings Auth0’s valuation to $1.92 billion and total capital raised to more than $330m, was led by Salesforce Ventures, with participation from DTCP, and existing investors Bessemer Venture Partners, Sapphire Ventures, Meritech Capital, World Innovation Lab, Trinity Ventures, Telstra Ventures, and K9 Ventures.
The company intends to use the funds to accelerate continued innovation and go-to-market expansion.
Led by Eugenio Pace, CEO, and co-founder, Auth0 provides security and development teams with a platform to authenticate, authorize, and secure access for applications, devices, and users. Safeguarding more than 4.5 billion login transactions each month, Auth0 secures identities enabling global enterprises to deliver secure digital experiences to their customers around the world. The company employs approximately 650 employees worldwide.