- General
- May 20, 2019
- 4 minutes read
Auth0 Raises $103 Million At $1 Billion Valuation
Auth0 CTO Matías Woloski image: Auth0 Auth0 has raised $103 million Series E funding at a more than $1 billion…
Auth0 CTO Matías Woloski
image: Auth0
|
Auth0 has raised $103 million Series E funding at a more than $1 billion valuation. This round boosts the company’s total funding to $210 million. Existing investor Sapphire Ventures led the round, with participation from K9 Ventures, Bessemer Venture Partners, Meritech Capital, Trinity Ventures, and World Innovation Lab.
Auth0 is a Bellevue, Washington headquartered security company with more than 7,000 customers and nearly 475 employees (316 added in the last two years). The company provides companies with identity solutions for their web, mobile, Internet of Things, and internal applications. Auth0 says it currently secures more than 2.5 billion logins on a monthly basis.
Auth0 CEO Eugenio Pace
image: Auth0
|
The company says it doubled annual revenue amid expansion of its offices in Bellevue, London, Sydney, Tokyo, and Buenos Aires. Auth0 is led by Eugenio Pace, a tech veteran who previously spent 12 years at Microsoft.