FusionAuth Closes $65M Growth Equity Funding From Updata Partners

FusionAuth, a Denver, CO-based provider of a customer identity platform built for developers, raised $65M in Growth Equity funding.

Updata Partners made the investment. Updata’s Dan Moss, Principal, and Jon Seeber, General Partner, will join the board as part of the round.

The company intends to use the funds to scale go-to-market and product development.

Led by Founder and CEO Brian Pontarelli, FusionAuth provides a customer identity platform built with a developer-first ethos. With a free community edition that has more than 13 million downloads, it empowers engineering and product teams to add registration, login, and user management features to their applications, all built on industry standards. It is an authentication solution with complete hosting flexibility, adapting to any architecture, and offering versatility, whether on a dev box, cloud server, physical hardware, or even in air-gapped environments. Developers use FusionAuth for multifactor authentication, passwordless login, passkey support, machine-to-machine authentication, security controls, and advanced threat detection. The company boasts a library of APIs, SDKs, and the ability to work with any language or architecture.

The platform is deployed across six continents with more than 450 customers, including brands, such as Frontdoor, Oppenheimer & Co. Inc., and Stihl.