S
Stormpath
Stormpath User Identity API
About Stormpath
Stormpath operated as a focused provider of identity management and user authentication solutions, specifically catering to software developers. The company was established in 2010 by co-founders Alex Salazar and Les Hazlewood and was headquartered in San Mateo, California. Salazar, the CEO, brought a unique blend of engineering and go-to-market experience, with a computer science degree from Georgia Tech, an MBA from Stanford, and prior roles at IBM. Hazlewood served as the CTO. Together, they identified the market need for a developer-centric identity API early on.
The firm's core business was providing a customer identity API that enabled development teams to build, secure, and scale user management into their web and mobile applications. This service was designed to offload the complexities of creating and maintaining identity infrastructure, allowing developers to concentrate on their application's primary features. Stormpath's platform handled functionalities such as user registration, password and token-based authentication, password resets, API security, and access control. It offered features like single sign-on (SSO), social logins, multi-tenancy, and robust security measures to protect user data. The business model centered on providing this identity infrastructure as a service, accessible via a REST API with official SDKs for numerous popular programming languages and frameworks, including Java, .NET, Node.js, and Python.
Stormpath secured a total of $24.7 million in funding over three rounds from investors including New Enterprise Associates, Scale Venture Partners, and Pelion Venture Partners. The company's trajectory culminated in its acquisition by Okta on March 6, 2017. The acquisition was a strategic move by Okta to bolster its own developer offerings and accelerate its platform strategy, integrating Stormpath's team and technology. Following the acquisition, Stormpath's services were phased out as they were integrated into Okta's product suite, and the team joined Okta to enhance its developer platform.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2011
- Headquarters
- San Mateo, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 60.6/100
- Industry
- Security, Telecom
- Sub-industry
- Identity & Access
- Sector
- Cybersecurity, Cloud Infrastructure, Identity Management, Developer Tools, Cloud Services, API
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Mar 2017 | — | — | Okta | — |
| SERIES B✓Equity / VC | Sep 2015 | $15M | $60M | Scale Venture Partners · Pelion Venture Partners · NEA | — |
Growth signals
Latest recorded traffic for Stormpath is 1.1K monthly website visits, down 38.9% over the last three months. Stormpath's team declined 28.6% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
NEA
Flybridge Capital Partners
Andy Rachleff
Series A2 investors entered at this stage
Pelion Venture Partners
Scale Venture Partners
Other known investors1 additional known investor
Okta
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Stormpath 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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