Auth0 authorized enough shares for a $120 million raise at a valuation of $1.77 billion. The IT security company is backed by K9 Ventures, Telstra Ventures, Trinity Ventures, Meritech Capital Partners, Sapphire Ventures and Bessemer Venture Partners to name a few. The most recent round, Series F, follows $103 million raised for Series E, valuing the company at $1.04 billion. The terms surrounding the Series F include a pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $39.7954, an up round from Series E at $25.4018.
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