Beyond Identity
3 Park Avenue, 41st Floor, New York, 10016, United States
Overview
Beyond Identity offers an invisible, un‑phishable MFA platform that cryptographically binds a user’s identity to their device using public/private key technology and X.509 certificates, eliminating passwords from authentication and account recovery. Its core architecture, modern authenticator, and advanced policy engine ensure only authorized users and authorized devices are granted access and that devices comply with security policies before and after authentication. The company launched Secure Customers and Secure DevOps in 2021 and added dozens of integrations with identity and cybersecurity products across MDM, EDR, SIEM, and code repositories. Beyond Identity reported ARR growth of 330% from 2020 to 2021, a 640% increase in its customer roster, and has more than 180 employees including over 100 developers. The company says the new funding will be used to expand research and development and extend its footprint and resources into Asia‑Pacific and Latin America. Beyond Identity provides a cloud-native, standards-based passwordless identity platform that replaces passwords with X.509-based certificates and enables continuous, risk-based authentication. The company’s patents-pending approach creates an extended Chain of Trust™ intended to improve security and deliver a frictionless login experience. Beyond Identity serves customers with workforces ranging from under a hundred to hundreds of thousands, and works with businesses deploying its platform to tens of millions of end users. Launched in April 2020 by Jim Clark and Thomas (TJ) Jermoluk, the company emphasizes advanced, standards-based architecture. The firm intends to use new capital to accelerate product innovation and to build a global presence through expanded distribution channels, OEM partners, and international sales and support. The company is based in New York City. Beyond Identity provides a cloud-native passwordless identity management platform that leverages existing secure communications infrastructure and crypto standards to extend the trust boundary to include users and their devices. Its approach removes the need for shared-secret, password-based authentication and reduces dependence on compensating controls. The company initially targets businesses seeking stronger workforce and customer authentication and elimination of central password database risk. It also plans to target individual consumers who do not want to use passwords or third‑party “login with” solutions. Beyond Identity was co-founded by Jim Clark and Tom Jermoluk. The company plans to use the new funding to expand operations and broaden its business reach.
- Total raised
- $205M
- Funding rounds
- 3
- Latest round
- Series C
- Latest activity
- Feb 2022
Industries
- Cyber Security
- Identity Management
- Network Security
- Software
Recent funding
Series C
Feb 2022
$100M
Series B
Dec 2020
$75M
Series A
Apr 2020
$30M