Machine identity protection provider Venafi® secured a $100 million round of financing led by TCV, with additional participation from existing investors QuestMark Partners and NextEquity Partners. TVC has also backed Airbnb, Alarm.com, Cradlepoint, Genesys, Netflix, Rapid7, Silver Peak, Splunk, Spotify, and Zillow. As part of
Blockchain-based secure digital identity company Trusted Key Solutions Inc., raised $3 million as part of a seed funding round led by Founders Co-Op, an early-stage venture fund, with participation from Pithia, Inc., the venture capital company of The RChain Cooperative. Trusted Key’s digital identity solution leverages
Identity Governance and Administration (IGA) solutions provider Saviynt announced that Carrick Capital Partners has committed $40 million to its Series A financing round. According to the company, it delivers next-generation IGA solutions through its integrated, cloud-based platform for organizations to secure their most critical assets,
According to a recent SEC filing, JumpCloud raised $20 million in financing from an undisclosed investor. JumpCloud's cloud-based Directory-as-a-Service® aims to authenticate, authorize, and manage both employees’ identities and the IT systems and resources they access, replacing the need for on-premise solutions.
SailPoint Technologies, which provides identity governance software to enterprises, raised $240 million by offering 20 million shares at $12 in its IPO, above the range of $9 to $11. SailPoint is an identity and access management provider that strives to help organizations deliver and manage
Averon completed $8.3 million in Series A financing led by Avalon Ventures. Averon is the developer of the Direct Autonomous Authentication (DAA) mobile identity solution platform, which integrates with all mobile devices without the need to download any apps. Its secure identity authentication protects digital locks
Security startup Alloy announced it has raised $3.8 million in seed financing led by Eniac Ventures. Alloy helps companies make better decisions with better information, using a single API service and dashboard to manage identity verification from signup through the lifecycle of the customer. Financial services
Security startup Onfido completed $30 million in Series C financing, led by Crane Venture Partners. Microsoft Ventures and Salesforce Ventures also participated. Using machine learning technology, Onfido validates users’ identity documents and connects them with owners’ facial biometrics. The identities can then be cross-referenced against
Google Cloud Platform announced that it has acquired software startup Bitium. Financial terms of the deal were not disclosed. Bitium is a Santa Monica-headquartered provider of cloud-based identity and access management solutions, including single sign-on, password management, and analytics for small, medium, and enterprise businesses. Founded
SAP SE (NYSE: SAP) today announced it has entered into an agreement to acquire Gigya, a market leader in access management. Gigya's customer identity and access management platform helps companies build digital relationships with their customers. Its platform allows companies to manage customers' profiles, preferences,