Auth0, an identity-as-a-service solution, announced today that it has secured $2. 4 million seed funds led by Bessemer Venture Partners with participation from K9 Ventures, Portland Seed Fund and NXTP Labs The company’s services are already being used in 124 countries by more than 8,000 developers and IT managers in both small and large enterprises in the software, financial, media, security and consumer sectors. Some of Auth0’s larger customers include Schneider Electric, a global energy management specialist, MindJet, a leading innovation management and collaborative project management platform, Allegion, the world’s leading provider of home and business security solutions, and Berkshire Hathaway Travel Protection, Berkshire Hathaway’s travel insurance arm.
‘We are a company founded by developers for developers. Auth0 was created because we are identity and security experts who are frustrated by the unnecessary complexity of integrating identity management into apps and APIs,” said Jon Gelsey, Chief Executive Officer of Auth0. ‘Since our launch, we’ve seen tremendous traction and Bessemer’s investment enables us to leverage its market-leading enterprise security and SaaS expertise to continue to grow business. ”
Auth0 eliminates the complexity of authentication and authorization for developers. Instead of spending days or weeks writing complex and unfamiliar code, many identity scenarios can be resolved with just a few lines of code to invoke Auth0’s service. Developers can implement highly secure and robust solutions without requiring deep expertise in the complexities of authentication and authorisation.
‘In the same way that Twilio has democratized access to SMS and voice communications, Auth0 has developed an identity service to eliminate the growing complexity of authentication and authorization for developers,’ said David Cowan, Partner at Bessemer Venture Partners. ‘Auth0 has a dream authentication security team, which is why developers are so quick to adopt their API as a de facto way to log in. ”
The Auth0 solution allows any application or API running on any device, OS or software stack to authenticate to any identity provider. From the simplest app in the store to the most sophisticated enterprise software solution, Auth0 allows individual developers and IT managers to quickly and easily implement complex identity authentication scenarios.
‘We made a strategic, calculated bet on Auth0,’ said James Gardner, Product SVP at Mindjet. ‘By using Auth0’s sophisticated identity infrastructure—rather than building it ourselves—we were able to assign two full-time software engineers to developments directly related to Mindjet’s core value proposition, which resulted in higher revenue while saving us a lot of money. ”
The company also announced that it has hired Gianpaolo Carraro as Vice President of Sales and Marketing. Oh, Mr. Carraro joins Microsoft, where he has held executive roles in sales, marketing and development evangelism for the past twelve years. Auth0 will use the new funds to hire additional developers and add additional features to its service. They will also invest in sales and marketing to raise awareness of the brand and increase its customer base.
For more information on Auth0 please visit: https://auth0 Come/or follow us at @authzero
Around Auth0
Auth0 is an identity-as-a-service solution that eliminates the complexity of authentication and authorization for app developers. Built by developers, the company’s services are used by thousands of developers and IT managers in both small and large corporations across 124 countries in the financial, media, software, security and consumer sectors. The company is based in Seattle, WA and is financially supported by Bessemer Venture Partners, K9 Ventures, Portland Seed Fund and NXTP Labs. Please follow us at: @authzero
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