UnboundID Receives $12.5 Million in Series B Funding from OpenView Venture Partners

UnboundID, a leading platform provider for identity services, today announced that it has secured $12.5 million in series B funding from OpenView Venture Partners. The funds will be used to expand market penetration into new geographies and vertical markets, and to develop new products to meet existing and future customer needs. UnboundID plans to accelerate product development for its identity services platform, which enables companies to dynamically manage, protect, and share real-time customer data across cloud, mobile, and social applications. Read more here…