tech:

taffy

IDaaS company Auth0 raises $55M

Auth0, a Bellevue, WA-based company that provides Identity-as-a-Service (IDaaS), has raised $55 million in Series D funding. The investment was led by Sapphire Ventures, with participation from World Innovation Lab.

Existing investors Bessemer Venture Partners, Trinity Ventures, Meritech Capital Partners, and K9 Ventures also particpated in the round.

Auth0 has raised $110 million to date.

[Image courtesy: Auth0]

Just in

Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.