Auth0 Raises $103M in Series E
Auth0 has successfully raised $103M in a Series E at a $1.92B valuation led by Sapphire Ventures, World Innovation Lab.
Company Overview
Auth0 is a Identity company headquartered in Bellevue, WA, founded in 2013 with 800+ employees.
Authentication and authorization
Fundraising Details
- Amount Raised: $103M
- Round Type: Series E
- Valuation: $1.92B
- Date: 2024-11-01
- Investors: Sapphire Ventures, World Innovation Lab
About Auth0
Authentication and authorization The company is positioned in the Identity sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Bellevue, WA
- Founded: 2013
- Team Size: 800+
- Industry: Identity
What This Means
This funding round demonstrates strong investor confidence in Auth0's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Identity sector continues to attract significant investment as companies innovate to meet evolving market demands. Auth0's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.92B valuation marks an important milestone for Auth0, positioning the company among notable players in the Identity industry.
Looking Ahead
With this new capital, Auth0 is well-positioned to execute on its growth strategy and continue building innovative solutions in the Identity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-11-01. For more information about Auth0, visit their headquarters at Bellevue, WA.
