OneLogin bags $100 million in growth financing to accelerate the adoption of its new unified access management products and expand its North American and European footprints

OneLogin, a San Francisco, California-based startup that provides cloud identity and access management solution to enable enterprises to secure all apps for their users on all devices, has secured $100 million in growth financing to accelerate adoption of its new products, such as Multi-Factor Authentication (MFA), and to serve enterprises in the new Unified Access Management (UAM) category it has pioneered. The new investment was led by new investors Greenspring Associates and Silver Lake Waterman, Silver Lake’s late-stage growth capital fund, with participation from existing investors CRV and Scale Venture Partners. OneLogin will also the new investment to drive accelerated growth and expand its North American and European footprints. To date, OneLogin has raised a total of more than $170 million in funding.

Founded in 2009 by  Christian Pedersen, and Thomas Pedersen, OneLogin makes it simpler and safer for organizations to access the apps and data they need anytime, everywhere. The OneLogin Unified Access Management Platform secures millions of identities for thousands of companies around the globe, spans both cloud and on-prem environments, and unifies all users, devices, and applications to transform enterprises. OneLogin’s cloud Identity and Access Management (IAM) solution allows enterprises of all sizes to secure their cloud and on-premise apps for all users and devices.

Unified Access Management enables a cohesive approach to managing access for both SaaS and on-premise application environments, as well as extending Access Management to networks and devices using cloud infrastructure. Pre-integrated with thousands of applications, OneLogin enables IT teams to simply and securely tie the company’s directory infrastructure to its business applications. This gives IT centralized access control and the power to enforce rule-based security policies, enable multi-factor authentication, automate user provisioning, and easily report on identity policy compliance.

With OneLogin, enterprises can strengthen security, while eliminating directory integration costs and reduce password trouble ticket load. End users can actively participate in enforcing the identity policy as they benefit from single sign-on access to the thousands of pre-integrated apps for use on their laptops and mobile devices. OneLogin has millions of users at more than 2000 organizations in more than 44 countries, including AAA, Airbnb, Airbus, Carlyle Group, Children’s Healthcare of Atlanta, Citizen, Fastenal, Herman Miller, Keller Williams, Pandora, San Jose Unified School District, Steelcase, Tableau Software, and Uber.

“Every business needs Unified Access Management, and our solution is mission critical for all of our customers across both cloud and hybrid cloud environments. Our relentless focus on customer service coupled with this significant capital infusion supports OneLogin’s ongoing growth and investment,” said Brad Brooks, CEO of OneLogin.

More than 2,500 enterprises globally secure their applications with OneLogin. Bay Area Rapid Transit (BART), one of California’s largest transit agencies with 126 million trips a year, Compass, a New York City-based and technology backed real estate start-up that raised $1.2 billion, and Broward College, which serves more than 63,000 students annually, are just three of the latest additions to OneLogin’s growing enterprise customer ranks. OneLogin’s Unified Access Management Platform uniquely allows companies of any size to manage access for on-premise and cloud applications with a single solution.

“We believe in OneLogin’s vision for Unified Access Management and are excited to support the company as it accelerates its leadership position throughout North America and Europe,” said John Avirett, General Partner at Greenspring. “We’re at an inflection point for growth as all enterprises are faced with the challenge of managing access across SaaS and on-premise environments, as well as various devices and networks on the cloud infrastructure. OneLogin’s solution is something that every enterprise needs in its digital transformation journey.”

“The OneLogin team has built a strong platform to secure and manage access to applications. Their performance has accelerated since Brad joined as CEO, with a clear focus on culture and customers. We look forward to partnering with Brad and the rest of the leadership team in continuing this success and growth.” said Shawn O’Neill of Silver Lake Waterman. OneLogin has approximately 250 employees globally and recently opened a new growth center at the Atlanta Tech Park and a development center in Seattle. The company plans to build out its teams across many levels and disciplines and further expand in North America and Europe.

OneLogin Team