Auth0 Raises \(120M in Series F Funding, Nears \)2B Valuation
Identity management leader Auth0 has secured a $120 million Series F funding round at a $1.92 billion valuation, led by Salesforce Ventures. The round saw participation from existing investors including Bessemer Venture Partners, Sapphire Ventures, and Meritech Capital, alongside new investor DTCP.
Key Funding Highlights
- Total raised to date: \(330 million (including a \)103M Series E in 2019)
- Valuation: \(1.92 billion, up from \)1 billion in 2019
- Growth metrics: 70% YoY revenue and customer base growth in 2019
- Employee count: 650 globally
Strategic Investor Confidence
Salesforce Ventures’ EVP John Somorjai emphasized Auth0’s alignment with Salesforce’s Customer 360 platform, stating:
“Auth0’s expertise in end-to-end identity products is well-aligned with our vision. We’re excited to support their innovation in this fast-growing market.”
Market Position and Competitive Edge
Auth0 serves enterprise clients like Atlassian, AMD, and Autotrader, offering developers a streamlined way to integrate secure authentication with minimal code. Despite competition from Okta, Microsoft, and others, Auth0’s developer-first approach and scalable solutions position it as a standout in the $13 billion identity management market.
Future Growth Plans
CEO Eugenio Pace outlined the company’s roadmap:
- Product innovation: Enhancements to its identity-as-a-service platform
- Global expansion: Broaden market reach and customer acquisition
- Strategic partnerships: Leverage investor networks for ecosystem growth
Pace added:
“Secure authentication is critical for every digital service. Our growth reflects the trust our customers place in solving this persistent challenge.”
Auth0’s latest funding underscores its momentum in an increasingly digital world where identity security remains a top priority for businesses worldwide.
🚀 Technology Solutions & Recommendations
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Readers interested in Auth0’s security-focused funding news are likely tech professionals who value reliability and quality—traits mirrored in the HKT Phone Case’s design. While not directly related to identity platforms, this product appeals to the same audience that prioritizes dependable, high-performance accessories for their devices.
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Key Features:
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🛍️ Featured Product 2: HKT – Wireless Charger
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This product appeals to Auth0’s tech-savvy audience who value efficiency and seamless integration—the wireless charger solves a daily pain point just as Auth0 simplifies identity management for developers.
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Key Features:
- Fast wireless charging compatible with Qi-enabled devices
- Slim, space-saving design for home or office use
- Non-slip surface to keep devices secure during charging
- LED indicator light shows charging status
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🛍️ Featured Product 3: HKG – Women’s V-Neck T-Shirt
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Tech professionals following Auth0’s funding news appreciate products that combine reliability with sophistication - qualities embodied in this wardrobe staple that’s as versatile as it is essential, much like the identity solutions Auth0 provides.
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Key Features:
- Breathable cotton blend for all-day comfort
- Tailored V-neck for professional polish
- True-to-size fit with subtle shaping
- Durable construction withstands startup hustle
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