Alumni Update

Alumni Update: Customer Identity Leader LoginRadius Announces $17M Series A Funding from ForgePoint and Microsoft’s Venture Fund, M12

Alumni Update: Customer Identity Leader LoginRadius Announces $17M Series A Funding from ForgePoint and Microsoft’s Venture Fund, M12

In March of 2015, Rakesh Soni shared a blog post "How Edmonton's startup ecosystem helped us dramatically grow LoginRadius." He shared the progress of the company and how they interacted with so many of the supporters, organizations, and events our city has to offer as they began their journey to build a tech product. They have come a long way since working on their business idea from a mining camp site room 120km north of Fort McMurray! 

Today, LoginRadius announced a $17M in Series A funding from  ForgePoint and Microsoft’s Venture Fund, M12. This new injections of funds will be used to accelerate product innovation, customer acquisition, and global expansion.

Since its launch in 2012, LoginRadius has relentlessly focused on customer identity and has experienced triple-digit annual growth for the past two years. The company has grown to support global offices in Vancouver, London, San Francisco, Sydney, and Jaipur, with plans to more than double its workforce in the next 12 months. 

Here at Startup Edmonton, we had the pleasure of working with LoginRadius in their very early days!