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OneLogin snares $100M investment to expand identity solution into new markets TechCrunch

https://techcrunch.com/2019/01/10/onelogin-snares-100m-investment-to-expand-identity-solution-into-new-markets/
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Jan 10, 2019 7:57 AM 3+ mon ago

OneLogin is not a young startup by any means. The identity access management company was founded in 2009 and has watched while companies like Ping Identity, Duo Security and Okta had tidy exits. But as CEOs are fond of pointing out, the total addressable market is large and where investors see a chance, they take it. Today, the company announced a $100 million investment.

The latest round was led by new investors Greenspring Associates and Silver Lake Waterman, the late-stage investing arm of Silver Lake. Existing investors CRV and Scale Venture Partners also contributed to the round. Today's investment brings the total raised since inception to more than $170 million, according to the company.

It is referring to this as a "growth round," but indicated that actually ...

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