Auth0, a 2013-founded identity and authentication platform, has pushed into unicorn territory with a $1 billion valuation after raising $103 million in its latest Series E round.
The round was led by Sapphire Ventures, with participation from K9 Ventures, Telstra Ventures and several others. In all, Auth0 total funding tops $210 million to date.
Auth0 — pronounced “auth-zero” — provides authentication-as-a-service to its corporate customers — or, to everyone else, a secure login system used to properly authenticate the identity of employees. Anyone working in a medium-to-large business will know the process all too well. Auth0 provides login and authentication systems for a bevy of device types — including Internet of Things devices — in a variety of formats, including single-sign-on, multi-factor authentication and passwordless