Microsoft subsidiary M12 co-led the customer identity software provider's series A round with ForgePoint Capital.
LoginRadius, a Canada-based customer identity and access management technology producer, has raised $17m in a series A round co-led by software provider Microsoft’s corporate venturing unit, M12.
Venture capital firm ForgePoint Capital co-led the round, which included Real Ventures, BDC Capital and Yaletown Venture Partners, all three of which participated in the company’s $1.3m seed round in 2014 alongside Accelerate Fund.
LoginRadius has built a cloud-based software platform capable of securely transacting with billions of identities. It is used by…