BELLEVUE, Wash. -- April 29, 2019 -- Auth0, a global leader in Identity-as-a-Service (IDaaS), has been recognized as one of the 50 Highest Rated Private Cloud Computing Companies To Work For in a list released by Battery Ventures, a global investment firm and cloud investor, with data provided by Glassdoor*, one of the world's largest job and recruiting sites. The list highlights 50 privately-held companies -- all business-to-business, cloud-computing companies -- where employees report the highest levels of satisfaction at work, according to employee feedback shared on Glassdoor.
The distinction placed Auth0 at number 19 (out of 50 total) with an overall company rating of 4.7. The broader average across Glassdoor is 3.4. Auth0's CEO, Eugenio Pace, boasts a 100 percent approval rating on Glassdoor -- compared to an average of 69 percent for all approximately 900,000 employers on the site. The company has an 88 percent positive business-outlook rating, again based on feedback shared by employees. The broader Glassdoor average is 49 percent. A positive business outlook means employees believe business will improve in the next six months.
This is the third year Battery has issued the list, along with a related ranking of the 25 Highest Rated Public Cloud Computing Companies to Work For. The rankings highlight the broader trend of businesses increasingly turning to the cloud to run critical technology systems and software, instead of using on-premise systems.
They also highlight the increasing importance of cohesive culture and employee happiness in running a successful business, said Neeraj Agrawal, a Battery general partner who specializes in cloud investing.
"The private companies on this list have not only scaled their products, teams, and business functions -- but they've managed to scale culture," Agrawal said. "We view these rankings as a key indicator of company health and longevity, and we hope all companies on this list view it as an honor to be included." It was also more difficult to make the list this year, compared with last year, Agrawal added. A Glassdoor economic research study, as well as other third party studies, show that companies with high employee satisfaction often post stronger financial performance.
"Culture is one of our primary pillars and is something we invest a lot of resources into," said Melinda Starbird, VP of People and Culture at Auth0. "This recognition is very rewarding because it is based on feedback from employees and former employees, and is a testament to how richly-infused culture is for everyone at the company, regardless of their position or location."
Glassdoor noted that employees at these highly rated companies commonly mention in online reviews that they enjoy working for mission-driven companies with strong and unique company cultures; employers that promote transparency; and companies with experienced senior leaders who regularly and clearly communicate with employees. For instance, according to one anonymous employee review of Auth0 on Glassdoor:
I never knew such a great workplace could exist. People work hard and they care about each other -- and this starts at the very top.
Full lists of the highest rated 50 private cloud companies and 25 public cloud companies to work for can be found here.
Auth0 provides a platform to authenticate, authorize, and secure access for applications, devices, and users. Security and application teams rely on Auth0's simplicity, extensibility, and expertise to make identity work for everyone. Safeguarding more than 4.5 billion login transactions each month, Auth0 secures identities so innovators can innovate, and empowers global enterprises to deliver trusted, superior digital experiences to their customers around the world.
About Battery Ventures
Battery strives to invest in cutting-edge, category-defining businesses in markets including software and services, Web infrastructure, consumer Internet, mobile and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, London, New York and Israel. Follow the firm on Twitter @BatteryVentures, visit our website at www.battery.com and find a full list of Battery's portfolio companies here.
By a company name, denotes a Battery investment. For a full list of all Battery investments and exits, please click here.
Matter for Auth0