Security Experts:

Connect with us

Hi, what are you looking for?


Application Security Snags $100M in Series C Funding

Digital identity network play, Inc. has joined the growing list of cybersecurity unicorns after banking a new $100 million funding round that values the company at $1.5 billion.

Digital identity network play, Inc. has joined the growing list of cybersecurity unicorns after banking a new $100 million funding round that values the company at $1.5 billion.

The Series C round was led by Viking Global Investors and included Counterpoint Global (Morgan Stanley), PSP Growth, Lead Edge Capital, CapitalG, WndrCo, Willoughby Capital, BoxGroup and Moonshots Capital., based in McLean, Va., said it will use the new money to build out its secure digital identity network by hiring top talent and expanding the number of businesses and government agencies it serves.

[ SEE: Cloud Security Company Orca Hits $1.2 Billion Valuation ]

The company claims it has more than 39 million members with more than 70,000 new users signing-up every day to its secure digital identity network.’s service is free to consumers while business customers pay for trust and to streamline workflows. provides tech that simplifies how individuals prove and share their identity online, including tools to handle identity proofing, authentication and group affiliation verification for organizations across sectors. is the 12th cybersecurity company to achieve unicorn status in the past four months. The list also includes Orca Security, Aqua, Axonius, BigID, Coalition, Forter, Lacework, OwnBackup, Socure, Venafi and Wiz.

RELATED: SentinelOne Achieves Unicorn Status After $200M Funding

RELATED: Snyk is Latest Cybersecurity Unicorn After banking $150M

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

CISO Strategy

Cybersecurity-related risk is a top concern, so boards need to know they have the proper oversight in place. Even as first-timers, successful CISOs make...


The North Korean APT tracked as TA444 is either moonlighting from its previous primary purpose, expanding its attack repertoire, or is being impersonated by...

Identity & Access

Hackers rarely hack in anymore. They log in using stolen, weak, default, or otherwise compromised credentials. That’s why it’s so critical to break the...

Malware & Threats

Microsoft plans to improve the protection of Office users by blocking XLL add-ins from the internet.

Cloud Security

VMware vRealize Log Insight vulnerability allows an unauthenticated attacker to take full control of a target system.

IoT Security

Lexmark warns of a remote code execution (RCE) vulnerability impacting over 120 printer models, for which PoC code has been published.

Mobile & Wireless

Apple rolled out iOS 16.3 and macOS Ventura 13.2 to cover serious security vulnerabilities.