Open Source Cloud Authors: Liz McMillan, Elizabeth White, Jason Bloomberg, Yeshim Deniz, Stackify Blog

News Feed Item

OneLogin Raises $13M to Power Expansion

OneLogin, the innovator in enterprise identity management, today announced it has secured a $13 million round of Series B venture capital from lead investor The Social+Capital Partnership alongside returning investor Charles River Ventures. OneLogin will use the funds to continue its expansion in the United States, Europe and Asia-Pacific and to accelerate talent acquisition in these markets.

OneLogin provides a modern identity and access management (IAM) solution, which enables enterprises to easily manage employee and external user identities and control their access to applications in the cloud and behind the firewall. OneLogin’s comprehensive turnkey solution includes strong authentication, single sign-on, federation, directory integration, user provisioning and reporting.

OneLogin has seen rapid adoption among companies, ranging from fast-growing start-ups like Dropbox, Pandora, Pinterest, Riot Games, Tableau Software, Tumblr, Uber, Yammer and Zendesk to established organizations such as AAA, Condé Nast, Gensler, Netflix, News Corp, PBS, Steelcase, The Carlyle Group and WestJet. OneLogin’s largest customer has more than one million users deployed.

"The growth and rapid adoption of hundreds of SaaS products in the enterprise has made OneLogin's identity management a necessity," said Mamoon Hamid, general partner at The Social+Capital Partnership, who will be joining the company's Board of Directors. "Having invested in two of the most broadly used freemium applications in the enterprise, Box and Yammer, I was drawn to the freemium approach OneLogin has taken to gain rapid traction with a large number of enterprise users. We are leading this round because we see an enormous opportunity to build on this traction across companies of all sizes."

“IDC forecasts strong growth in the IAM SaaS market: from $702.7 million in 2011, reaching $1.4 billion by 2016,” noted Sally Hudson, research director, security products and services at International Data Corporation (IDC). “We expect demand for cloud-based IAM services like OneLogin to be strong, driven in large part by OneLogin's ease of deployment as well as the burgeoning number of cloud applications now being adopted by enterprises across the globe."

“Many existing platforms view the cloud as a new opportunity and bring along issues tied to legacy infrastructure, but OneLogin is uniquely positioned because they have always been cloud-based, yet with a strong focus on integrating with an enterprise's on-premises security model,” said Andrew Kellett, principal IT security analyst at Ovum. “OneLogin has kept overhead low and been able to focus on the goal of giving users more secure and straightforward access to the cloud, while also removing the need for further authentication.”

OneLogin’s track record of industry firsts is extensive and includes:

  • Native iPad app for identity management
  • Federated Cloud Search that enables secure, real-time search across public cloud applications such as Box, Dropbox, Google Apps, Salesforce, Yammer and Zendesk
  • Mobile one-time password app with Push
  • Real-time user synchronization between Active Directory and cloud apps
  • Open source SAML toolkits that can be implemented in hours

“Customers are increasingly turning to OneLogin for features that cannot be found anywhere else in the market,” said Thomas Pedersen, co-founder and chief executive officer at OneLogin. “Since founding the company, we have maintained an agility that has fostered ongoing innovation, allowing us to provide a highly differentiated solution that is exciting enterprises around the world.”

"Since we first invested in OneLogin two years ago, hundreds of customers have turned to them to securely access and manage cloud applications," said Devdutt Yellurkar, Charles River Ventures partner and OneLogin's first institutional investor. "I'm proud to be an early investor and am excited about the way they continue to grow through ongoing product innovation and deep customer loyalty."

The company also announced that, in addition to Hamid, Amnon Landan has joined OneLogin's Board of Directors. Landan is former chairman and chief executive officer of Mercury Interactive. Mercury Interactive was a provider of enterprise IT optimization software which was bought by Hewlett-Packard for $4.5 billion in 2006. Landan is also the current chairman and co-founder of Capriza, a provider of mobility solutions for corporations and enterprises, and was awarded Forbes' Entrepreneur of the Year award in 2003.

About OneLogin

OneLogin is the innovator in enterprise identity management and provides the industry’s most comprehensive solution for managing user identities, both in the cloud and behind the firewall. Unique capabilities like Cloud Search and OneLogin for iPad break down SaaS data silos and increase productivity. OneLogin’s cloud identity platform comes complete with secure single sign-on for web, mobile and iPad, federated search, user provisioning, deep directory integration with real-time user sync, out-of-band multi-factor authentication, VPN integration and compliance reporting. OneLogin’s catalog contains thousands of pre-integrated applications, including Adobe EchoSign, Asure Software, BMC Software, Box, Chrome River, Clarizen, CloudPassage, Coupa, DocuSign, Dropbox, Egnyte, EMC Aveksa, EMC Syncplicity, Google Apps, Hightail, HipChat, Hootsuite, Huddle, IdeaScale, Innotas, LiquidSpace, LiveHive, LotusLive, Marketo, Microsoft Office 365, NetSuite, New Relic, Oracle CRM On-Demand, Parature, PlayVox, Salesforce.com, Samanage, SD Elements, ServiceNow, SuccessFactors, SugarCRM, UserVoice, WebEx, Workday, Yammer, Zscaler and Zendesk. OneLogin, Inc. is backed by The Social+Capital Partnership and Charles River Ventures. Free Trial Available at: www.onelogin.com | Twitter: @onelogin.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...