Tech Company Financing Transactions
Authlete Funding Round
On 4/3/2023, Authlete raised $4 million in Series A funding from SBI Digital Asset Holdings.
Transaction Overview
Company Name
Announced On
4/3/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
SBI Digital Asset Holdings (Lead Investor)
Proceeds Purpose
Authlete will use the funds to accelerate its global expansion, develop new products, and explore new industries in partnership with SBI DAH.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
FINOLAB, Otematchi Bldg 4F, Otematchi 1-6-1
Chiyoda-ku, Tokyo, 100-0004
JP
Chiyoda-ku, Tokyo, 100-0004
JP
Phone
Undisclosed
Website
Email Address
Overview
Authlete is a set of APIs to build OAuth 2.0 and OpenID Connect (OIDC) servers. Its "semi-hosted" architecture allows service providers to integrate the core functions of OAuth/OIDC with any other user authentication and management services as well as API gateways, using any of programming languages. The Authlete solution has widely adopted in open banking, payment, media, SaaS, healthcare, entertainment, e-commerce, eKYC etc.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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