Zitadel Announces Funding And Future Plans |
Written by Alex Denham |
Thursday, 21 November 2024 |
Zitadel has announced a major funding round that will be used to expand technical teams and fund further product development. The company is the creator of an open source project for cloud-native identity infrastructure. ZITADEL is an open source identity infrastructure tool for user management that aims to be quick to set up. It provides multi-tenant user management with self-service team management, and supports OpenID Connect, OAuth2, SAML2, LDAP, Passkeys/FIDO 2 and OTP, along with an unlimited audit trail. As a cloud platform there are three tiers. The Free tier caters for up to 100 daily active users and three identiy providers. The Pro tier costs $100 per month and starts with 25,000 daily active users and a custom domain is included. The Enterprise tier is for companies that need more fexibility, performace and support. The same software in ZITADEL Cloud is available for self-hosting and support for self-hosting is available under an Enterprise agreement. There is a special program for Startups which offers help from Zitadel's engineers and useage credits for Zitadel Cloud. Zitadel has now announced a $9 million Series A funding round led by Nexus Venture Partners with participation from Floodgate. Zitadel focuses on a developer-first approach alongside data security and ownership. Florian Forster, co-founder and CEO of Zitadel, described Zitadel as "more than just a tool; it's a comprehensive identity platform that caters to the diverse needs of developers, operators, and security professionals." The funding will support the company's next phase of development, where they plan to improve APIs and SDKs for developers, enhance observability and visualization tools for site reliability engineers, and invest in AI-driven threat detection and security incident management modules. The company says businesses today struggle with handling the complexities of single sign-on, multi-factor authentication, and granular permissions, especially in business-to-business (B2B) environments. The Zitadel software has been designed to make it easy to integrate with new and existing applications thanks to its open source approach, developer-friendly APIs, and multi-tenant architecture, so it can be used to manage multiple organizations and security policies simultaneously. Alongside product development, the Series A investment will enable Zitadel to expand its technical team. The company says developers will be able to create fully customizable login experiences that seamlessly integrate with existing protocols like SAML2 and OpenID Connect. Security operators will be able to derive insights through data aggregation so they can monitor compliance and security across user behaviors and application usage patterns. Streamlining complex processes will also mean security operators can make use of usage analytics and threat intelligence. Abhishek Sharma, Managing Director at Nexus Venture Partners, highlighted Zitadel's vision to bring a cloud-native identity platform that puts developer experience and data security at its core, saying: "The identity and authentication space is ripe for disruption and Zitadel is well-positioned to win." Mike Maples, Jr. Founding Partner at Floodgate, said: "The identity solutions in the market today fall short on their promise to deliver simplicity of integration and flexible deployment options, especially for mid-market and large enterprises." and added that Zitadel's vision and continued execution strengthens their ability to become the leading identity infrastructure provider. ZITADEL is open source and welcomes contributors on Github. More InformationRelated ArticlesWeb Service Security: What You Should Know Introduction to OAuth 2.0 and OpenID Connect GitHub Announces Passkey Authentication Beta To be informed about new articles on I Programmer, sign up for our weekly newsletter, subscribe to the RSS feed and follow us on Twitter, Facebook or Linkedin.
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