Venture Capital

Identity-as-service Provider Auth0 Raises $120 Million At A $1.92B Valuation | Venturebeat

by venturebeat.com posted 2months ago 52 views
Bellevue, Washington-based identity-as-a-service startup Auth0 today announced it raised $120 million at a post-money valuation of $1.92 billion, up from $1 billion in May 2019. A company spokesperson said the funds, which bring Auth0’s total raised to over $330 million, will be put toward R&D and go-to-market expansion efforts. Online data breaches are on the rise, and it’s no great mystery why. In a recent survey conducted by LastPass, 59% of respondents said they reused passwords across multiple accounts, and more than half said they hadn’t changed their password in the past year.

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