Auth0’s cloud-based cybersecurity identity platform
Auth0 is a Bellevue, Washington-based provider of an identity management platform specifically built for development teams.
As digital transformation spreads further and wider, it is crucial for companies to control access to ever more complex systems.
Accordingly, the company touts its capacity to work with any existing technology stack, and its ease of implementation thanks to SDKs and Quickstarts for any language and framework.
Features include universal login screens, single sign on, multi-factor authentication and user management capabilities for administrators.
Its customers include the likes of Atlassian, Siemens, AMD and Mazda, and Auth0 has won awards including inclusion on Forbes Cloud 100 and Deloitte’s Technology Fast 500
Since its foundation in 2013, the company has raised from seven funding rounds. Its latest Series F saw the company raise from lead investor Salesforce Ventures, alongside WiL, Trinity Ventures, Telstra Ventures, Sapphire Ventures, Salesforce Ventures, Meritech Capital Partners, K9 Ventures, DTCP and Bessemer Venture Partners.
In a press release, Eugenio Pace, CEO, and co-founder of Auth0, said: “Achieving a Series F round of funding is an incredible milestone for our company, and we could not be more grateful to our new and existing investors for their support. Nearly every app and service relies on secure authentication and seamless user experience. Our year-over-year growth is reflective of the persistent problem that our technology is solving, and we are so proud to be part of our customers’ journey.”
The company said it would use the funds for innovation and market expansion.
“Auth0 is a leader in the large, fast-growing identity management market and has shown tremendous growth at scale,” said John Somorjai, EVP, Corporate Development & Salesforce Ventures at Salesforce. “Auth0’s expertise in end-to-end identity products is well-aligned with Salesforce's Customer 360 platform. We look forward to supporting their growth with this new strategic investment from Salesforce Ventures to drive further innovation for customers.”
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