Auth0, a global leader in Identity-as-a-Service, raised $103m in Series E financing led by Sapphire Ventures. The funding, which will fuel Auth0's innovation pipeline and global growth, catapults the company into "unicorn" status with a more than $1bn valuation. "Auth0 has demonstrated incredible momentum and continues to be a shining model for unparalleled technology, leadership, and growth," said Anders Ranum, managing director at Sapphire Ventures. "You can see Auth0's ethos in the product itself -- a highly sophisticated cybersecurity platform that's universal, scalable, and extensible. The company is changing the approach to business by offering a platform that any company can use to protect digital identities."