LoginRadius nabs $17 mln in Series A co-led by Microsoft fund

LoginRadius, a Vancouver-based customer identity and access management platform, has raised $17 million in a Series A financing. ForgePoint Capital and M12, the venture capital arm of Microsoft, led the round. The company's existing backers, including Real Ventures, BDC Capital and Yaletown Partners, also invested. Founded in 2012, LoginRadius' platform helps over 3,000 businesses securely manage customer identities, deliver a unified digital experience, and comply with privacy regulations. It reports achieving triple-digit annual growth over the past two years. LoginRadius will use the funds raised for product innovation, customer acquisition and global growth.

25 July 2018•4 mins read
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