Auth0 Raises $103M in Series F
Auth0 has successfully raised $103M in a Series F at a $1.92B valuation led by Salesforce Ventures, Sapphire Ventures.
Company Overview
Auth0 is a Cybersecurity company headquartered in Bellevue, WA, founded in 2013 with 600+ employees.
Identity management platform
Fundraising Details
- Amount Raised: $103M
- Round Type: Series F
- Valuation: $1.92B
- Date: 2020-07-14
- Investors: Salesforce Ventures, Sapphire Ventures
About Auth0
Identity management platform The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Bellevue, WA
- Founded: 2013
- Team Size: 600+
- Industry: Cybersecurity
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 Cybersecurity 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 Cybersecurity industry.
Looking Ahead
With this new capital, Auth0 is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity 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 2020-07-14. For more information about Auth0, visit their headquarters at Bellevue, WA.
