Salesforce Ventures led a $120m round for the identity management software provider that also attracted Deutsche Telekom and Telstra, at a valuation exceeding $1.9bn.

US-based user authentication technology developer Auth0 completed a $120m series F round yesterday led by Salesforce Ventures, the corporate venturing unit for enterprise software producer Salesforce, at a $1.92bn valuation.

DTCP and Telstra Ventures also took part in the round, on behalf of telecommunications firms Deutsche Telekom and Telstra, alongside Bessemer Venture Partners (BVP), Sapphire Ventures, Meritech Capital, World Innovation Lab, Trinity Ventures and K9 Ventures.

Founded in 2013, Auth0 has created identity management software that authenticates, authorises and secures…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.