Frontegg, a Tel Aviv, Israel-based user management platform for B2B apps, raised $40M in series B funding.
The round, which brought the total amount raised to $70M, was co-led by Stripes and global software investor Insight Partners.
The company intends to use the funds to expand its product offerings and invest in infrastructure, as well as scale its R&D and go-to-market teams in Tel Aviv and the San Francisco Bay Area.
Led by Sagi Rodin, CEO, and Aviad Mizrachi, CTO, Frontegg provides scalable user management infrastructure for B2B SaaS, handling the full user journey, from signup to subscription. The platform is multi-tenant at its core, which enables organization-level granularity for any setting or configuration. For a comprehensive user experience, Frontegg offers a self-serve Admin Portal, which provides the user with full visibility and control over their personal and organizational settings.
The company now serves as the user management infrastructure for more than 150 B2B SaaS companies around the globe, from fast-growing startups to Fortune 100 companies. Customers include Datadog, Materialize, Okera, Hunters.AI, Tomorrow.io and more.
FinSMEs
01/08/2022