|By Business Wire||
|October 3, 2013 12:03 PM EDT||
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.
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.
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Sep. 28, 2016 07:45 AM EDT Reads: 2,252
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Sep. 28, 2016 07:45 AM EDT Reads: 2,226
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Sep. 28, 2016 07:30 AM EDT Reads: 2,900
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Sep. 28, 2016 07:00 AM EDT Reads: 2,682
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
Sep. 28, 2016 07:00 AM EDT Reads: 3,356
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
Sep. 28, 2016 07:00 AM EDT Reads: 3,451
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
Sep. 28, 2016 07:00 AM EDT Reads: 2,079
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, will compare the Jevons Paradox to modern-day enterprise IT, e...
Sep. 28, 2016 07:00 AM EDT Reads: 2,248
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Sep. 28, 2016 05:30 AM EDT Reads: 1,469
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Sep. 28, 2016 05:15 AM EDT Reads: 2,803
Digital transformation is too big and important for our future success to not understand the rules that apply to it. The first three rules for winning in this age of hyper-digital transformation are: Advantages in speed, analytics and operational tempos must be captured by implementing an optimized information logistics system (OILS) Real-time operational tempos (IT, people and business processes) must be achieved Businesses that can "analyze data and act and with speed" will dominate those t...
Sep. 28, 2016 05:00 AM EDT Reads: 1,204
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Sep. 28, 2016 05:00 AM EDT Reads: 3,835
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Sep. 28, 2016 04:45 AM EDT Reads: 2,989
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 28, 2016 04:30 AM EDT Reads: 1,688
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Sep. 28, 2016 04:30 AM EDT Reads: 1,647
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Sep. 28, 2016 04:15 AM EDT Reads: 4,613
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Sep. 28, 2016 03:30 AM EDT Reads: 3,124
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Sep. 28, 2016 03:15 AM EDT Reads: 2,989
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Sep. 28, 2016 03:00 AM EDT Reads: 1,836
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Sep. 28, 2016 03:00 AM EDT Reads: 1,785