Auth0, which produces software that helps businesses manage identity verification, has welcomed NTT Docomo Ventures and Telstra Ventures as new investors.
US-based identity verification software provider Auth0 secured $30m on Tuesday in a series C round that included NTT Docomo Ventures and Telstra Ventures, respective subsidiaries of telecommunications companies NTT Docomo and Telstra.
The round was led by venture capital firm Meritech Capital Partners, which will put a representative on Auth0’s board of directors, and also featured Bessemer Venture Partners (BVP), Trinity Ventures and K9 Ventures.
Auth0 has developed a software platform that allows enterprises to more easily secure their web,…