Symplified Closes $20M Venture Capital Round

Symplified(R), the Cloud Identity Company, today announced that it has raised $20M in a Series C round of venture capital financing led by Ignition Partners. The company, which tripled revenues and customer adoption last year, is the market share leader in the rapidly expanding cloud identity and access management (IAM) segment with more than 3 million licensed users of its cloud identity management platform. Symplified will use the funds to expand operations, service and support, research and development, and marketing resources to satisfy global demand for its cloud service which provides seamless IAM across SaaS, Web and mobile apps used by employees, customers and partners. Read more here…