Predict your next investment

INTERNET | Internet Software & Services / Monitoring & Security
stormpath.com

See what CB Insights has to offer

Stage

Acq - Talent | Acquired

Total Raised

$24.7M

About Stormpath

Stormpath is a user management and authentication service for developers. Easy and secure, it accelerates application development on any platform. The flexible cloud service can manage millions of users with a scalable pricing model that is ideal for projects of any size. Stormpath makes it possible to pull worker credentials from a company's internal directory or, if a developer is building a public-facing service, let users register using their social profiles. From there, the service can be used to apply access restrictions to each account based on its specific security requirements. A company's internal file-sharing service, for instance, could be configured to restrict how much data employees are allowed to download based on their role. By offloading user management and authentication to Stormpath, developers can bring new applications to market faster, reduce development and operations costs, and protect their users.

Stormpath Headquarter Location

1825 S Grant Street Ste 450

San Mateo, California, 94402,

United States

888-391-5282

Latest Stormpath News

Identity and Access Management Market to Reach USD 24.76 Billion by 2026, CAGR of 13.2% is Expected

Sep 1, 2021

North America to Have Commanding Market Presence; Asia Pacific to Witness Steady Growth Cloud Computing to Transform the Business Operations, Moves the Market Upwardly Focus on Innovation be the Key Strategy for Market Companies The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments as well as several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Click here to get the short-term and long-term impact of COVID-19 on this Market. As per the report findings, the global market value was at USD 9.53 billion in 2018. The report also contains the following: An exhaustive study of all the factors driving and restraining the market A thorough analysis of the various market segments Detailed examination of the regional developments shaping the market Microscopic research into the competitive landscape of the market Market Driver: Increasing Instances of Identity Thefts to Accelerate Market Growth The identity and access management market growth is set to surge on account of a steady climb in the incidence of identity thefts. According to the US Federal Trade Commission (FTC) Consumer Sentinel Network, 650,572 reports of identity theft were filed across the country in 2019. The FTC also highlighted that among these thefts, credit card frauds topped the list, with over 270,000 reports from people claiming that their credit information was being misused for transactions or for opening new accounts. In 2019, Symantec stated in its Internet Security Threat Report that approximately 10% of people are victims of identity frauds annually and 21% of these have been defrauded several times previously. As a result, the demand for identity and access management tools is escalating as the majority of people have a virtual presence and are frequently transacting online. Regional Insights: North America to Have Commanding Market Presence; Asia Pacific to Witness Steady Growth With a market size of USD 3.65 billion in 2018, North America is poised to lead the global market during the forecast period owing to the massive generation, storage, and exchange of data in the region. Besides this, the region is home to some largest tech companies in the world, which are constantly engaged in introducing advanced security solutions for companies and individuals. In Asia Pacific, lucrative opportunities await the market players as countries such as India and China are aggressively digitizing their citizen databases and rapidly adopting online channels for business transactions. Thus, the demand for secure IAM services will enable the region to tighten its grip on the identity and access management market share in the coming years. Cloud Computing to Transform the Business Operations, Moves the Market Upwardly Cloud computing plays a significant role in the IAM market as the adoption of this technology helps businesses to improve the complex identification process of users. The rising adoption of risk management solutions such as audit management and policy-based compliance for cost control is driving the market. The emergence of digitization has compelled organizations to develop data-driven business solutions, ensuring more scalability and agility. A lead analyst at Fortune Business Insights says, “The trend of bring your own device (BYOD) concept in several organizations is likely to gain popularity in the coming years.” He added, “This is further pushing organizations to implement IAM services.” Increasing remote workforce and adoption of the Internet of Things (IoT) also act as potential growth enablers in the market. Rising research and development (R&D) activities and strong investments are expected to accelerate development of IAM tools to fulfil customer requirements. This is anticipated to boost the market during the forecast period. Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/identity-and-access-management-market-100373 Okta Joined Hands with Stormpath to Improve its Identity Services In order to stay ahead of competition, companies are offering new IAM solutions to help their consumers keep pace with the rapidly changing technologies. Moreover, identity access management providers are likely to adopt acquisition, partnership, and other strategies to expand their product profile and establish a strong market position. For instance, Okta Inc., joined forces with Stormpath SDK in 2018 to expand their line of businesses. With the help of Stormpath, the company can offer several solutions to developers. These solutions include user management, authentication, and authorization into mobile apps and web. In 2017, Google acquired Bitium to enhance its cloud identity management capabilities and offer better security solutions. Focus on Innovation be the Key Strategy for Market Companies Large, global players in the tech world such as Google and Microsoft are ramping up their investments in innovation and developing next-gen IAM technologies to address the pestering menace of identity frauds worldwide. Many new companies are also entering the fray and trying to establish themselves through novel ideas and launch of comprehensive solutions. Industry Developments: June 2020: US-based IAM specialist ForgeRock strengthened its Identity Platform by equipping it with cloud and AI capabilities to provide its customers with a more simplified, smooth, and secure digital experience. The advanced platform has been designed to ensure an organization’s data security and protect an individual’s privacy. February 2020: Amazon Web Service’s AWS Identity and Access Management introduced a new control for access to requests made by AWS on behalf of the users. Using this control, customers can now grant indirect access to their IAM principals to launch the Amazon Elastic Compute Cloud (EC2). Quick Buy- Identity and Access Management Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/100373 Major Table of Contents: Have a Look at Related Research Insights: Smart Education and Learning Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, Services), By Learning Mode (Collaborative Learning, Virtual Instructor Led Learning, Simulation-Based Learning, Social Learning, Blended Learning), By End User (Corporate, Academic, Government), and Regional Forecast, 2020-2027 Artificial Intelligence Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, and Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, and Others), By Deployment (Cloud, On-premises), By Industry (Healthcare, Retail, IT & Telecom, BFSI, Automotive, Advertising & Media, Manufacturing, and Others) and Regional Forecast, 2020-2027 Blockchain Market Size, Share & COVID-19 Impact Analysis, By Component (Platform/Solution and Blockchain-as-a-Service (BaaS)), By Blockchain Type (Public, Private, and Consortium), By Deployment (Proof of Concept, Pilot, and Production), By Application (Digital Identity, Payments, Smart Contract, and Others), By Industry (BFSI, Energy & Utilities, Government, Healthcare and Life Sciences, Manufacturing, Telecom), and Regional Forecast, 2020-2027 Facial Recognition Market Size, Share & Covid-19 Impact Analysis, By Component (Solutions, Services), By Technology (2D Facial Recognition, 3D Facial Recognition, Thermal Face Recognition, Skin Texture Analysis, and Others, By Application (Face Identification, Access Control, Security & Surveillance, and Others, By End-user (BFSI, Healthcare, Government & Defense, IT & Telecom, Retail & ecommerce), and Regional Forecast, 2020-2027 Product Life Cycle Management Market Size, Share & Industry Analysis, By Deployment (Cloud and On-Premises), By Industry (Discrete Industry and Process Industry), and Regional Forecast, 2019-2026 About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. We aim to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Contact Us: 308, Supreme Headquarters,

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Stormpath

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Stormpath is included in 4 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

E

Enterprise SaaS

2,452 items

Software-as-a-service (SaaS) – internet based software offered as a subscription – continues to become the de facto standard for software distribution and consumption. Enterprise SaaS continues to show particular promise, emerging as one of the most well-funded categories. Startu

b

big data

1,068 items

C

Cybersecurity

4,682 items

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.