BELLEVUE, Wash. – November 18, 2020 – Auth0, the identity platform for application teams, today announced its inclusion on Deloitte's Technology Fast 500™ for the second year in a row. The list ranks the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America.
Auth0's inclusion is representative of the organization's remarkable year-over-year growth since its inception in 2013, and a 70% increase in overall revenue and customer acquisition in 2019 along with continued success through 2020. Auth0 announced a $120 million round of Series F funding in July that brought the company's valuation to $1.92 billion and total capital raised to more than $330 million.
"Being included on the Deloitte Technology Fast 500 for the second year in a row is a great testament to Auth0's growth, despite the challenges that 2020 posed," said Eugenio Pace, CEO, and co-founder of Auth0. "Our placement represents the commitment and accomplishments of our entire team and the support of our loyal customers, partners, and investors. We will continue this dedication and deliver innovative solutions for the persistent problem that our technology is solving."
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 Deloitte's 2020 Technology Fast 500™
Now in its 26th year, Deloitte's Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $US50,000 and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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