Identity Management Platform Auth0 Raises $120M Series E Round With A $1.92B Valuation!

: July 15, 2020

Identity Management Platform Auth0 Raises $120M Series E Round With A $1.92B Valuation!

 

 

BELLEVUE, WASHINGTON:

 

An identity management platform for application builders, and the only identity solution needed for custom-built applications. Auth0 provides the simplicity, extensibility, and expertise to scale and protect identities in any application, for any audience.

 

The company has raised $120M Series F round, which brings Auth0’s valuation to $1.92B. The round was led by Salesforce Ventures. Other investors in this round includes new investor, DTCP, as well as participation by existing investors Bessemer Venture Partners, Sapphire Ventures, Meritech Capital, World Innovation Lab, Trinity Ventures, Telstra Ventures, and K9 Ventures.

 

Auth0 provides a platform to authenticate, authorize, and secure access for applications, devices, and users. Security and development teams rely on Auth0's simplicity, extensibility, and expertise to make identity work for everyone. Safeguarding more than 4.5 billion login transactions each month, Auth0 secures identities so innovators can innovate, and empowers global enterprises to deliver trusted, superior digital experiences to their customers around the world.

 

Auth0 continues to quickly expand its customer base, underscoring that identity management plays a critical role in digital transformation and in enabling access to customer applications. Thousands of customers outsource their identity management to Auth0 to help offload the burden of maintaining complex systems and enjoy faster time-to-market and frictionless end-user experiences. 

 

Auth0 was previously valued $1B valuation after raising $103M Series E round in May 2019. The funding was led by Sapphire Ventures, with participation from K9 Ventures, Telstra Ventures and several others. With the latest round Auth0 now has raised a total of $330M in funding.

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