SecureAuth Has Received a Majority Investment from K1

SecureAuth Profile

  • SecureAuth is the leader in adaptive access control solutions, empowering organizations to prevent the misuse of stolen credentials
  • The company provides strong identity security while minimizing disruptions to the end-user and has been providing single sign-on and multi-factor authentication solutions for over a decade
  • SecureAuth was founded in 2005 and was funded by Toba Capital; the company is headquartered in Irvine, CA

K1 Investment Management Profile

  • K1 is an investment firm focused on high-growth enterprise software companies across North America
  • The firm seeks to help dynamic businesses achieve successful outcomes by identifying and executing organic and acquisition-based growth opportunities that position its companies as industry leaders; K1 typically invests alongside strong management teams that continue to guide their organizations on a day-to-day basis and at levels of ownership to meet the needs of entrepreneurs and managers
  • K1 was founded in 2011 and is headquartered in El Segundo, CA

Transaction Notes

  • K1’s majority investment in SecureAuth was announced on September 20, 2017; financial terms were not disclosed
  • SecureAuth will be merged with K1’s current portfolio company, Core Security, a provider of security insight solutions including identity & access management, network security and vulnerability management
  • The newly merged company will bring together network, endpoint, vulnerability and identity security solutions to protect over 50 million people and 750 million devices worldwide
  • Toba Capital will remain an investor in the combined company
Financial terms not disclosed
has received a majority investment from
Shea & Company served as the exclusive financial advisor to SecureAuth