What is BeyondID?
Headquartered in San Francisco, California, and founded in 2017, BeyondID specializes in providing comprehensive consulting, implementation, managed, and financing services. Its core expertise lies in critical areas of modern enterprise IT, including SaaS Management, Identity and Access Management (IAM), API management, and cloud platforms. The company acts as a crucial partner for businesses navigating the complexities of digital transformation and cloud adoption.
How much funding has BeyondID raised?
BeyondID has raised a total of $9.3M across 2 funding rounds:
Debt
$350K
Series A
$9M
Debt (2020): $350K with participation from PPP
Series A (2021): $9M led by Tercera
Key Investors in BeyondID
Tercera
Tercera is an investment firm that has participated in BeyondID's Series A funding, suggesting a focus on companies within the enterprise software and services sector.
PPP
Public-Private Partnership
What's next for BeyondID?
With a recent major strategic investment and a history of substantial capital infusion, BeyondID is well-positioned for accelerated growth and market expansion. The company's focus on essential enterprise services like IAM and SaaS management, coupled with its financing capabilities, suggests a strategy aimed at deepening its market penetration and potentially broadening its service portfolio. Future developments are likely to involve enhancing its platform offerings and strengthening its strategic partnerships to capitalize on the ongoing demand for robust cloud and identity solutions.
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