Company
Date Published
Author
Brian Pontarelli
Word count
928
Language
English
Hacker News points
None

Summary

The FusionAuth team has been focused on building "authsome" identity solutions for developers over the past five years. They have built a successful business without raising outside money, focusing on customer needs and growth rather than growth-at-all-costs. This investment of $65 million from Updata Partners will help scale the company while maintaining its vision of providing easy-to-use authentication solutions that solve real-world problems. The market has evolved with advancements in passwordless login and new standards like OAuth 2.1, but most players have not kept pace, leaving a gap for FusionAuth to fill with its modern protection features and scalable infrastructure. With this investment, FusionAuth plans to expand its team, explore channel and technology partnerships, and continue innovating based on customer feedback.