Colorado-based, FusionAuth, an identity verification platform raised $65 million led by Updata Partners in a Series funding round.
CEO FusionAuth, Brian Pontarelli said that the funds raised would enable us to expand, marketing and product development.
FusionAuth offers enterprises a bundle of features like passwordless logins, 2FA, and security controls. FusionAuth has more than 450 organizations including Oppenheimer & Co, Frontdoor, and much more.
Moreover, after the fund rose FusionAuth has shown exponential growth in revenue growth and profits. Also, the CEO said that they are opening offices in multiple nations which would help them to expand in other markets.
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