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Stormpath

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Stormpath User Identity API

San Mateo, United StatesFounded 2011Cybersecurity
Valuation $50–100M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Stormpath and the history behind them.

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 data

At 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

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Mar 2017 — — Okta —
SERIES B✓Equity / VC Sep 2015 $15M $60M Scale Venture Partners · Pelion Venture Partners · NEA —
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Growth signals

Stormpath website traffic

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.

Latest monthly visits1.1K 3-month web change-38.9% 1-year team growth-28.6%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

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

Seed3 investors entered at this stage

Series A2 investors entered at this stage

  • Pelion Venture Partners
  • Scale Venture Partners

Other known investors1 additional known investor

  • Okta
Team profiled 19 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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