Identity Management Systems, Logical and Physical Access, Convergence

OneLogin raises $1.5M in funding

Monday, June 27, 2011

Cloud-based identity and access management provider OneLogin closed a $1.5 million round of funding. The series A round came from Charles River Ventures, an existing investor in OneLogin.

The Los Angeles-based company plans to use the funds to help it expand engineering, sales and product development functions.


“We founded OneLogin on the premise that small and mid-sized businesses should have access to the same level of security as large enterprise companies,” said Thomas Pedersen, OneLogin CEO and founder. “With this funding round, we’ll continue our mission of democratizing IAM by making it instantly available to organizations of any size.”

OneLogin offers a set of APIs and widgets for enterprise integration and SSO functionality for applications both in front of and behind the firewall. It counts Yamer, Colby Community College, Transwest, Zendesk, SurgarCRM and KnowledgeTree among its clients and partners.

“As the SaaS migration landslide gains momentum, executives are becoming increasingly concerned about the security of their most sensitive data,” said Devdutt Yellukar, Charles River Ventures partner. “OneLogin’s easy-to-use solution makes enterprise class identity management available to any company regardless of size.” [end] 

OneLogin is now offering RSA SecurID technology as an integrated option on its cloud-based Identity & Access Management Service.

The SecurID feature will add a second layer of authentication to OneLogin in order to prevent unauthorized access to the product. To add the two-factor authentication, users may enter their personal password, along with a SecurID-generated one-time password.

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Coupies, a German mobile marketing firm specializing in NFC coupons, has announced that it will expand its operations after landing a seven-figure funding round from CologneInvest, according to GigaOM.

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The April meeting of the influential Government Smart Card Interagency Advisory Board (IAB) was recently held in Washington D.C. FIPS201.com was on hand to cover the event and has provided, as a service to the IAB and the smart card community, an audio recording of the presentations. Click on the link below to access a list of audio and accompanying PowerPoint slides (in pdf format).

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Texas-based online billing and revenue management firm Transverse has announced a partnership with OneLogin for simplifying cloud-based application login.

The partnership enables Transverse to implement OneLogin’s SAML-based single single-on for cloud-based applications on its TRACT rating and billing product.

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