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Founded Year

2020

Stage

Series C | Alive

Total Raised

$205M

Valuation

$0000 

Last Raised

$100M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-42 points in the past 30 days

About Beyond Identity

Beyond Identity is a security-focused company that specializes in passwordless authentication solutions. The company offers a platform that provides phishing-resistant multi-factor authentication (MFA) and ensures device security compliance for organizations. Beyond Identity primarily serves the cybersecurity industry, with a focus on identity and access management. It was founded in 2020 and is based in New York, New York.

Headquarters Location

3 Park Avenue 41st Floor

New York, New York, 10016,

United States

212-653-0847

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ESPs containing Beyond Identity

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Cybersecurity

The passwordless authentication tools market offers solutions that eliminate passwords to mitigate the risk of cybersecurity incidents caused by compromised credentials. This market offers organizations a more secure access posture and can help combat phishing and data breaches at scale. At the same time, these solutions aim to improve login experiences for employees and customers by offering a mo…

Beyond Identity named as Challenger among 15 other companies, including Okta, Yubico, and OpenText.

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Research containing Beyond Identity

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Beyond Identity in 8 CB Insights research briefs, most recently on Mar 14, 2024.

Expert Collections containing Beyond Identity

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Beyond Identity is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

R

Regtech

1,921 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.

C

Cybersecurity

10,362 items

These companies protect organizations from digital threats.

Beyond Identity Patents

Beyond Identity has filed 6 patents.

The 3 most popular patent topics include:

  • cryptographic protocols
  • cryptography
  • key management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/22/2021

6/20/2023

Key management, Public key infrastructure, Cryptography, Transport Layer Security, Cryptographic protocols

Grant

Application Date

2/22/2021

Grant Date

6/20/2023

Title

Related Topics

Key management, Public key infrastructure, Cryptography, Transport Layer Security, Cryptographic protocols

Status

Grant

Latest Beyond Identity News

Oktane 2024: Okta bets big on AI and security industry collaboration

Oct 21, 2024

October 21, 2024 Today’s columnist, Aaron Bray of Phylum, writes that breaches such as the one on Okta resulted from undefended workstations of software development staff. Bray offers advice for creating stronger DevSecOps teams. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Last week, Okta brought its partners to Las Vegas for the annual Oktane conference . With the event now in the rear-view mirror, let's to take a look at the key moments from the show and what they could mean going forward. Actions toward a new standard Okta kicked off the conference with a bang, announcing the launch of a new initiative aimed at redefining the identity management landscape. Interoperability Profile for Secure Identity in the Enterprise , or IPSIE for short, is a planned open source standard that would allow SaaS vendors to have a simple way to verify identity across multiple services and platforms. In order to make IPSIE a reality, Okta has invited in a number of peers in the space, including Microsoft, Ping Identity, and Beyond Identity to help craft the standard. Getting so many competing and contrasting parties to work together can be like herding cats, so Okta has brought in the OpenID Foundation to help oversee the project. IPSIE is an ambitious undertaking, but should it succeed it could have an enormous impact on the way SaaS platforms operate and alleviate a lot of the stress and security risks for enterprises. AI takes center stage When it comes to tasks that can be assigned to AI, Identity management doesn’t always spring to mind. Okta wants to change that. The company showcased a number of upgrades to its Customer Identity Cloud aimed at integrating the platform with any number of popular AI frameworks and models. The updates aimed for the generative AI field could help developers handle identity detail in a number of ways, including handling granular identity checks, interacting with AIs, and managing asymmetrical identity checks. What does this mean in real-world terms? The updates would be best used by AI agents, the sort of automated bots that would perform tasks such as customer service and digital assistants. Automated tasks would become more secure and better performing. WIC updated for device security The third of Okta’s major announcements concerned its Workforce Identity Cloud or WIC platform. A set of new features for WIC would aim to close many of the security gaps that arise when SaaS vendors try to transfer user data across multiple platforms with various security standards and protocols. Most notably, WIC has added new management and governance tools regarding individual devices. The idea is to create an environment where even user-owned devices must have the required security configurations to access a network and, should that change, the device can easily be isolated from the network and the user notified of the potential security concern. This announcement was of particular interest to many of Okta’s partners, who see a key growth opportunity in their ability to integrate with the platform and add value for customers.

Beyond Identity Frequently Asked Questions (FAQ)

  • When was Beyond Identity founded?

    Beyond Identity was founded in 2020.

  • Where is Beyond Identity's headquarters?

    Beyond Identity's headquarters is located at 3 Park Avenue, New York.

  • What is Beyond Identity's latest funding round?

    Beyond Identity's latest funding round is Series C.

  • How much did Beyond Identity raise?

    Beyond Identity raised a total of $205M.

  • Who are the investors of Beyond Identity?

    Investors of Beyond Identity include New Enterprise Associates, Jim Clark, Evolution Equity Partners, Expanding Capital, Potentum Partners and 3 more.

  • Who are Beyond Identity's competitors?

    Competitors of Beyond Identity include Keyless, Double Secret Octopus, Trusona, Ping Identity, 1Kosmos and 7 more.

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Compare Beyond Identity to Competitors

Transmit Security Logo
Transmit Security

Transmit Security focuses on providing cloud-native customer identity and access management (CIAM) services. The company offers a range of identity services including identity orchestration, detection and response, identity management, identity verification, authentication services, and data validation. These services are designed to consolidate identity stacks, centralize decision-making, automate customer journeys, monitor and analyze risk signals, and more. It was founded in 2014 and is based in Boston, Massachusetts.

HYPR Logo
HYPR

HYPR specializes in identity security and passwordless authentication solutions within the cybersecurity industry. The company offers an identity assurance platform that includes passwordless multi-factor authentication, risk policy orchestration, and identity verification services. HYPR's solutions cater to various sectors, including financial services, critical infrastructure, and retail, aiming to enhance security and user experience. It was founded in 2014 and is based in New York, New York.

Veridium Logo
Veridium

Veridium is a company that focuses on providing passwordless authentication solutions in the cybersecurity industry. The company offers services such as workforce authentication, customer authentication, and identity verification, all powered by AI-based behavioural biometrics. These services are primarily used in sectors such as financial services, insurance, government, healthcare, telecom, and enterprise. Veridium was formerly known as Hoyos Labs. It was founded in 2013 and is based in Quincy, Massachusetts.

M
MIRACL

MIRACL specializes in providing passwordless, multi-factor authentication solutions within the cybersecurity domain. The company's main offering is a cloud-based platform that enables secure, single-step authentication for users across various devices, using advanced cryptographic techniques to ensure a high login success rate without the need for passwords. Its services are applicable across multiple sectors, particularly those requiring robust digital security measures. MIRACL was formerly known as CertiVox. It was founded in 2011 and is based in London, United Kingdom.

O
OwnID

OwnID is a company that focuses on digital identity verification in the technology sector. It offers a service that allows individuals to create a digital identity that can be used to log in to websites and apps, eliminating the need for usernames and passwords. The company primarily serves the ecommerce industry, providing a frictionless login and registration experience for users. It was founded in 2021 and is based in Tel Aviv, Israel.

H
Haventec

Haventec is a cybersecurity company focused on high assurance authentication solutions. The company offers a range of authentication products including passwordless and multi-factor authentication systems that enhance security and user experience without the need for traditional passwords. Haventec's solutions are primarily utilized in sectors that require robust digital security measures, such as financial services, healthcare, and government. It was founded in 2015 and is based in Sydney, New South Wales.

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