SAN FRANCISCO, June 13, 2016 (GLOBE NEWSWIRE) -- OneLogin, the leading cloud identity management company, today announced the acquisition of Portadi, a cloud-based password management tool. The acquisition will enable OneLogin customers to increase employee productivity by automatically populating their OneLogin portal with apps as they manually sign into them.
“Today’s acquisition of Portadi accelerates and advances our ongoing vision to bring speed and integrity to the modern enterprise,” said Thomas Pedersen, CEO and Co-founder, OneLogin. “A requirement for driving security to new levels is removing any friction in the user experience. Portadi’s technology accomplishes this beautifully and will onboard the long tail of apps in an organization ten times faster than before.”
OneLogin has been a major driver of the Security Assertion Markup Language (SAML) single sign-on (SSO) standard, supporting over one thousand SAML apps out of a catalog of 5,000 apps. While SAML is ideal because it eliminates passwords, the majority of apps employees sign into still don’t support SAML and many never will. Portadi’s machine learning technology will help quickly onboard credentials for all of the apps used in the organization, without any manual steps involved. This is a game changer for both employees and IT personnel.
“Portadi has deep domain expertise in forms-based web app authentication and created what we believe is the best technology on the market today for streamlining the user experience,” added Dusan Vitek, Portadi CEO and Co-founder. “We’re excited to join the OneLogin team given our mutual cloud DNA and the obvious technology and product synergies.”
“With the increasing number of security breaches, it’s critical for enterprises to secure all applications used by their organizations and not just the low-hanging fruit of popular SaaS applications, but also the long tail of all apps used by enterprises,” said Garrett Bekker, Senior Analyst, 451 Research Group. “Providing single sign-on access to applications that don’t support standards like SAML has been a challenge for many IDaaS vendors. Providing customers with the ability to instantly and securely use new applications, even those that don’t support SAML, should be welcome by firms of all sizes that are struggling with the proliferation of applications. Employees can realize immediate productivity gains while IT has confidence that their app portfolios are secure.”
About OneLogin, Inc.
OneLogin brings speed and integrity to the modern enterprise with an award-winning single sign-on (SSO) and cloud identity and access (IAM) management platform. Our portfolio of solutions secures connections across all users, all devices, and every application, helping enterprises drive new levels of business integrity, operational velocity, and team efficiency across all their cloud and on-premise applications. The choice for innovators of all sizes such as Condé Nast, Pinterest and Steelcase, OneLogin manages and secures millions of identities around the globe. We are headquartered in San Francisco, California. For more information, visit www.onelogin.com, Blog, Facebook, Twitter, or LinkedIn.