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."
About Auth0
Auth0 by Okta takes a modern approach to customer identity and enables organizations to provide secure access to any application, for any user. Auth0 is a highly customizable platform that is as simple as development teams want, and as flexible as they need. Safeguarding billions of login transactions each month, Auth0 delivers convenience, privacy, and security so customers can focus on innovation. For more information, visit https://auth0.com.
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.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States, and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
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About the author
Jeana Tahnk
Senior Director, Global Communications