1H2019 Identity Management Funding Analysis
As the first half of 2019 has been and gone, I’ve taken a quick look at the funding rounds that have taken place so far this year, within the identity and access management space and attempted some coarse grained analysis. The focus is global and the sector definition is quite broad and based on the categories Crunchbase use.
Key Facts January to June 2017 / 2018 / 2019
The number of organisations actually receiving funding, dropped, as did the % of organisations receiving seed funding. This is pretty typical as the market matures and stabilises in some sub categories.
1H2019
- ~$604million overall funding
- Seed funding accounted for 20%
- Median announcement date March 27th
- 35 companies funded
- ~$231million overall funding
- Seed funding accounted for 45.3%
- Median announcement date March 30th
- 53 companies funded
- ~$237million overall funding
- Seed funding accounted for 32.1%
- Median announcement date April 7th
- 56 companies funded
1H2019 Company Analysis
1H2019 Top 10 Companies By Funding Amounts
- Dashlane ($110m, Series D) – http://www.dashlane.com/ (https://techcrunch.com/2019/05/30/dashlane-series-d/)
- Auth0 ($103m, Series E) – https://auth0.com/ (s://auth0.com/blog/auth0-closes-103m-in-funding-passes-1b-valuation/)
- OneLogin ($100m, Series D) – http://onelogin.com/ (https://venturebeat.com/2019/01/10/onelogin-raises-100-million-to-help-enterprises-manage-access-and-identity/)
- Onfido ($50m, Series C) – http://www.onfido.com/ (https://venturebeat.com/2019/04/03/onfido-raises-50-million-for-ai-powered-identity-verification/)
- Socure ($30m, Series C) – http://www.socure.com/ (https://www.socure.com/about/news/socure-raises-30-million-in-additional-financing-to-identify-the-human-race)
- Dashlane ($30m, Debt Financing) – http://www.dashlane.com/
- Payfone ($24m, Series G) – http://www.payfone.com/ (https://www.alleywatch.com/2019/05/nyc-startup-funding-top-largest-april-2019-vc/7/)
- Evident ($20m, Series B) – https://www.evidentid.com/ (http://www.finsmes.com/2019/05/evident-raises-20m-in-series-b-funding.html)
- Bamboocloud ($15m, Series B) – http://www.bamboocloud.cn/ (https://www.volanews.com/portal/article/index/id/1806.html)
- Proxy ($13.6m, Series A) – https://proxy.com/ (https://www.globenewswire.com/news-release/2019/03/27/1774258/0/en/Proxy-Raises-13-6M-in-Series-A-Funding-Led-by-Kleiner-Perkins-Emerges-from-Stealth-to-Launch-Its-Universal-Identity-Signal-for-Frictionless-Access-to-Everything-in-the-Physical-Wor.html)
*** This is a Security Bloggers Network syndicated blog from The Cyber Hut authored by Simon M. Read the original post at: http://feedproxy.google.com/~r/InfosecProfessional/~3/7ijx3e-D2wM/1h2019-identity-management-funding.html