Tech Hub OneLogin Expands Into Redmond
OneLogin, a unified access management firm, opened an engineering hub in Redmond as part of a companywide expansion. The company, based in San Francisco, recently raised $22.5M in a Series C financing round. Its employee base has expanded 30% in the last seven months.
The company opted to expand in Redmond to take advantage of the region’s tech talent.
Evernote, Pac-12 Networks and Spaceflight Industries are a few of its regional customers.
“With our ongoing expansion into the Seattle area, we will continue to grow and attract even more top tech talent,” OneLogin CEO Brad Brooks said.
The company attracted investors due to the strength of the market niche, which is estimated at $20B with a year-over-year growth potential of 15%, said CRV’s Devdutt Yellurkar, an investor in the Series C round.
OneLogin is a sponsor of Hopelink, a Redmond service center that houses a food bank and other client services.
