SecureAuth Secures $200 Million

Security company SecureAuth brought in $200 million in financing from K1 Investment Management and Toba Capital.

SecureAuth™ IdP adaptive access control solution provides authentication security, single sign-on, and user self-service tools in a single platform, allowing strong identity security while minimizing disruption to the end user. According to the company, its flexible adaptive authentication workflows protect on-premises, cloud, mobile, and VPN applications that can detect the use of compromised credentials, allowing customers – including Western Union, Unisys, FBI, Toshiba, Ticketmaster, and General Mills – to quickly respond to a security breach.

The additional capital will be used to expand the company’s engineering, sales, and customer success teams across all offices.