Distology receives investment from NorthEdge to fuel ambitious growth plans
Distology reveals company has received investment from private equity firm NorthEdge to help drive aggressive growth plans.
Beyond Identity selects EMEA distributor Distology to drive channel expansion in the UK and Ireland.
18 May, 2021, London. Beyond Identity, the passwordless authentication company has formed a strategic partnership with Distology to distribute Beyond Identity’s solutions through its extensive network of IT resellers and MSSPs.
Beyond Identity’s secure authentication stops credential-based attacks and eliminates the risk and friction of passwords. The company’s innovative approach replaces passwords with asymmetric cryptography, the same proven, secure, and scalable technology used to protect trillions of transactions daily across the internet. Beyond Identity extends the chain of trust established with TLS (modern day SSL) to end users and their devices. The solution enables organisations to leverage the strongest multi-factor authentication possible without requiring users to pick up a second device or enter a one-time code.
Customers also gain significant benefits beyond removing passwords. The cloud-native platform ensures each device is appropriately secure before granting access to applications and other resources. Beyond Identity’s advanced authenticator evaluates device security posture during each access request, enabling organisations to enforce risk and compliance policies and require step-up authentication for higher-risk actions.
“We are beyond excited to be part of Distology’s best-of-breed cybersecurity portfolio,” said Kurt Johnson, VP Strategy & Business Development at Beyond Identity. “As part of our global expansion, we are strongly committed to selling through channel partners throughout Europe, and consider this strategy to be foundational to our success. Distology’s proven expertise in IT and cybersecurity distribution, and their impressive network of security resellers will help us bring secure, continuous risk-based authentication to new markets at a time when organisations are keenly focused on solutions for securing cloud-based resources and hybrid work environments.”
The company was founded by two Silicon Valley legends, Jim Clark and Tom Jermoluk. Chairman Jim Clark is a Silicon Valley icon, having founded several notable technology companies including Silicon Graphics and Netscape. CEO Tom Jermoluk, Jim’s renowned, longtime collaborator, has served as President/COO of Silicon Graphics and Chairman/CEO of @Home Network.
The company has secured $105M USD in funding by New Enterprise Associates (NEA), the notable Silicon Valley venture capital firm, and Koch Disruptive Technologies (KDT), the investment arm of one of the largest private companies in the United States.
Stephen Rowlands, Sales Director for Distology commented:
“We always say that Distology only represents disruptive and best-in-breed solutions, and what we have here is a company that has created the world’s most advanced passwordless identity platform – it’s the very definition of disruptive technology.”
“We can all relate to the frustrations caused by inputting passwords and whilst the security around passwords has undergone a transformation in the past 10 years, it’s still not enough.”
“Many solutions claim to be passwordless, Beyond Identity have gone that step further to provide a truly passwordless experience, that is both simple and effective to use. Thanks to the collaborative nature of the product with other technologies such as Okta, we envisage Beyond Identity’s solution will be hugely popular with our partners and their customers and look forward to working closely with the team.”
About Beyond Identity
Beyond Identity provides the most secure authentication platform in the world. Breaking down barriers between cybersecurity, identity, and device management, Beyond Identity fundamentally changes the way the world logs in–eliminating passwords and providing users with a frictionless multi-factor login experience. Beyond passwordless, the company provides the zero-trust access needed to secure hybrid work environments, where tightly controlling which users and which devices are accessing critical cloud resources has become essential. The advanced platform collects dozens of user and device risk signals during each login – enabling customers to enforce continuous, risk-based access control. The innovative architecture replaces passwords with the proven asymmetric cryptography that underpins TLS and protects trillions of dollars of transactions daily. Customers turn to Beyond Identity to stop cyberattacks, protect their most critical data, and meet compliance requirements.
The company was founded by Jim Clark and TJ Jermoluk, who helped ignite the commercial internet with Netscape and @Home Networks. The dynamic duo assembled an all-star team and created the world’s most advanced passwordless identity platform, at a time when digital transformation is impacting every business and cyberattacks have become a top risk. The company raised $105M from premier investors Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA). Beyond Identity is headquartered in NYC with offices in Boston, Dallas, Miami, and London.
Distology is a Market Enabler and offers true value for the distribution of disruptive IT Security solutions.
Distology represents innovative and exciting technology that strives to excite and inspire their reseller network. Their ethos is based on trust, relationships, energy and drive and offers end to end support in the full sales cycle providing vendor quality technical and commercial resources.
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