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A New Chapter Unfolds: SecureAuth Announces Acquisition of Cloudentity

SecureAuth Announces Acquisition of Cloudentity
Kelly Wenzel
Chief Operating Officer
February 08, 2024

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We are thrilled to share some groundbreaking news that marks a significant milestone in our journey: SecureAuth has officially acquired Cloudentity. This strategic move represents a powerful step forward in our commitment to innovation, growth, and delivering unparalleled value to our customers and stakeholders. 

A Vision Fulfilled 

At SecureAuth, our mission has been to redefine the industry landscape, set new standards, and continuously strive for excellence. Today, we are delighted to announce the realization of a vision that aligns seamlessly with our commitment to progress. 

Strength in Unity 

With the acquisition of Cloudentity, we are joining forces with a team that shares our passion for innovation and dedication to customer satisfaction. Together, we will leverage our combined strengths in the areas of access management, authentication, and authorization to usher in a new era of possibilities, offering enhanced products/services and an even more robust customer experience. 

What this Means for You

Our valued customers are at the heart of everything we do. SecureAuth is already an established leader in access management and authentication for both Workforce and Consumer (CIAM) users. Cloudentity will strengthen our solutions with additional innovations across authorization, end-user consent, and Open Finance. The acquisition brings forth exciting opportunities for customers and partners including:  

  • B2C access and privacy control​
    We will empower organizations to enhance security, ensure compliance with regulatory requirements for open finance and data privacy, and deliver superior user experiences by integrating passwordless authentication with fine-grained authorization controls and delegated trust across multi-party ecosystems and across multi-cloud environments.
  • Access Management for dynamic user populations
    With our new capabilities, we will be able to extend simple, secure experiences to infrequent and surge user populations at a very large scale in an extremely efficient and cost-effective manner.
  • Delegated B2B partner IAM for secure exchange of consumer data​
    By leveraging Cloudentity’s platform, SecureAuth enables fully delegated B2B Partner IAM with granular control over the data, security profile info for people or machines, consent/privacy management​, and more. It also allows seamless integration with standard API frameworks (e.g., Apigee & Kong)​ and Service Mesh Controllers (e.g. Istio).
  • Open Banking compliance
    And finally, the Cloudentity solution allows you to quickly achieve compliance with global Open Banking security and consent specifications including Financial-grade API (FAPI) 2.0 to enable the open exchange of  data to your ecosystem and customers. FDX, CDR, Open Banking UK and many other regional standards are fully supported. 

What’s Next

In the coming weeks and months, we will be working diligently to seamlessly integrate Cloudentity into the SecureAuth family. This process will be executed with precision to minimize any impact on your experience with us. 

We understand that you may have questions, and we are here to provide answers. Feel free to reach out to our dedicated support team at support@secureauth.com for any inquiries. 

Thank You

We express our deepest gratitude for your continued trust and support. As we look ahead, we are excited about the possibilities that this acquisition unlocks for all of us. Together, we will shape a future that builds on the successes of the past while reaching new heights. 

Stay tuned for updates as we embark on this exciting journey together! 

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