LoginRadius announces $17M Series A following rapid growth after Accelerate Fund startup financing

Posted by Accelerate Fund | July 25, 2018

LoginRadius, provider of cloud-based Customer Identity and Access Management (cIAM) solutions, launched in 2012 and raised $1.3M in angel funding from Accelerate Fund, BDC Capital, others in 2014 to further their growth. Today, the company announced a $17M Series A Funding led by ForgePoint Capital and Microsoft’s venture fund, M12. The funds will be used to accelerate product innovation, customer acquisition, and global expansion.

LoginRadius has earned recognition as a leading provider of cIAM by Gartner, Forrester, Kuppingercole, and Computer Weekly. With triple digit annual growth for the past two years, the company has grown to support global offices in Vancouver, London, San Francisco, Sydney, and Jaipur, with plans to more than double its workforce in the next 12 months.

LoginRadius’ platform helps companies to securely manage customer identities, deliver a unified digital experience, and comply with all major privacy regulations such as GDPR. Hosted in a highly secure environment to protect consumer data and prevent exposure to data breaches, the platform also provides end-to-end encryption in transit and at rest, multi-factor authentication, threat detection, and fraud prevention technologies.

View Press Release

Latest news

Accelerate Fund III invests in CARE Group to expand digital mental health technologies and programs

Read More

Want an investor that cares about impact and returns? Look beyond the fund’s name.

Read More

Accelerate Fund III invests in PulseMedica to expand treatment options for millions of people with eye disease

Read More

Are you a fast-growing Alberta tech startup looking for early-stage funding?