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COMPANY PROFILE

SecureAuth

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Designs, develops, and delivers identity enforcement solutions for corporations, government agencies, and service providers

Irvine, United StatesFounded 2006Cybersecurity
Valuation $100–250M Last recorded · 2017
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About SecureAuth

SecureAuth operates within the identity and access management (IAM) market, a sector projected to exceed $12 billion as of 2022 and grow at a 13% compound annual growth rate through 2032. Founded in 2005 by Garret Grajek and Craig Lund, the company aimed to create a unified solution for identity governance and access security. Craig Lund brought over 25 years of experience from technology companies like IBM and Tricipher, Inc. to his role. The company's trajectory was significantly influenced by the rise of cloud and mobile computing. In 2017, SecureAuth was acquired by K1 Investment Management for $225 million and subsequently merged with Core Security, a firm specializing in vulnerability discovery and threat management.

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The company's business model is centered on providing IAM solutions that can be deployed in the cloud, on-premises, or in a hybrid environment. SecureAuth serves a wide array of industries, including finance, healthcare, retail, and government, with a client base that includes large enterprises with over 10,000 employees as well as smaller businesses. Revenue is generated through these offerings, with an estimated annual revenue of around $44.2 million to $75 million. The solutions are designed to be scalable, accommodating businesses from small startups to large corporations with millions of users.

SecureAuth's core offerings are structured under two main products: SecureAuth Workforce and SecureAuth CIAM (Customer Identity & Access Management). These platforms provide features like multi-factor authentication (MFA), single sign-on (SSO), and adaptive authentication driven by an AI-based risk engine. This engine analyzes behavioral signals to make context-aware access decisions, aiming to reduce friction for legitimate users. The company has expanded its capabilities through strategic acquisitions, including a startup named Acceptto in late 2021, and more recently, Cloudentity and SessionGuardian. The acquisition of Cloudentity enhanced its CIAM capabilities with features like Fine-Grained Authorization (FGA) and solutions for B2B2C ecosystems, while SessionGuardian added biometric continuous identity assurance. SecureAuth holds patents for methods that use automated risk-based behavioral modeling for user authentication. Keywords: identity and access management, IAM, cybersecurity, multi-factor authentication, MFA, single sign-on, SSO, adaptive authentication, passwordless authentication, CIAM, workforce identity, cloud security, identity governance, access control, B2B2C identity, API security, continuous authentication, risk-based authentication, biometric authentication, user behavior analytics

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2006
Headquarters
Irvine, United States
Employees
144
Open positions
3
Dealroom signal
35.5/100
Industry
Security
Sub-industry
Identity & Access
Sector
Cybersecurity, App, Navigation, Identity Management, Risk Management, SaaS, Search Engine, Compliance, Mapping, Platform, Insurtech, Authentification
Business model
SaaS
Investment activity
3 companies, latest Dec 2024
Capital deployed
—
Preferred round
ACQUISITION

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Sep 2017 $225M $225M K1 Investment Management —
MERGEROther financing Sep 2017 $0 — Core Security —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

SecureAuth website traffic

Latest recorded traffic for SecureAuth is 290K monthly website visits, up 11.5% over the last three months. SecureAuth's team declined 5.3% over the past year.

Latest monthly visits290K 3-month web change+11.5% 1-year team growth-5.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Toba Capital
  • K1 Investment Management

Other known investors1 additional known investor

  • Core Security
Team profiled 44 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇺🇸 United States48.6%
🇦🇷 Argentina28.6%
🇵🇱 Poland9.5%
🇨🇦 Canada4.8%
🇬🇧 United Kingdom3.8%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SecureAuth on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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