OneLogin, an enterprise identity management company, has secured a $13 million Series B funding round led by The Social+Capital Partnership, with participation from existing investor Charles River Ventures. The company provides a modern identity and access management solution that enables enterprises to manage employee and external user identities, while controlling their access to applications in the cloud and behind the firewall.
OneLogin raised $535,000 of seed funding in 2010 followed by a $1.5 million Series A financing in 2011. The Series A round valued the company at about $5.7 million. The company will use the new capital to continue expansion in the United States, Europe and the Asia-Pacific region, and to accelerate talent acquisition in those markets. Social+Capital’s Mamoon Hamid will join OneLogin’s Board of Directors.