Workos Raises $80M To Add Enterprise Features Like Sso To Apps
06/01/22, 2:00 PM
Location
dublinMoney raised
$80 million
Industry
other
information technology
software
WorkOS, a platform that lets developers add enterprise features like single sign-on (SSO) and directory sync to apps, today announced that it raised $80 million in a Series B funding round led by Greenoaks with participation from Lachy Groom, Lightspeed Ventures, and Abstract Ventures. The closing of the round coincides with the WorkOS’ first acquisition: Modulz, the company behind the user interface (UI) framework Radix. In an email Q&A with TechCrunch, CEO Michael Grinich said that both the cash and purchase would support WorkOS’ hiring and product development initaitives.
Company Info
Location
dublin, california, united states
Additional Info
The platform can also help sync an app with enterprise employee directory systems, Grinich claims, with a dashboard that lets customers manage connected identity providers and directories. Grinich founded WorkOS in 2020, roughly three years after leaving Nylas, the eponymous company behind the open source email client Nylas, after Nylas shuttered the app and pivoted to sales infrastructure. Grinich claims that WorkOS has over 200 paying customers today including Vercel, Stripe, Scale, and Airtable.