Today Portadi was acquired by OneLogin. When Tomas and I co-founded Portadi in May 2014, we wanted to help other teams manage their ever-growing pool of cloud apps. We saw an opportunity to reinvent how identity and access management is done in companies that rely heavily on cloud enterprise apps like Salesforce, Office 365 or Dropbox and numerous other sites like Expedia, Airbnb or PayPal. We bootstrapped the company up until now.
What excites us about joining OneLogin is that we can bring Portadi to a much larger audience faster than we could have done on our own. OneLogin has a very strong footprint in the enterprise which gives us an opportunity to tap into their expertise.
We also share the same vision. We believe that SaaS is the future of enterprise software. We believe that APIs will play a critical role in connecting SaaS apps. We believe that companies will be more liberal about what apps they allow their employees to use. We believe that companies and their IT departments will want to keep close tabs on the security of these apps.
What is next
Portadi will roll up into OneLogin. Our customers will be converted to OneLogin. But there’s still a ton of work to do. Some of the cool things our customers love, such as the ability to launch apps directly from the browser extension, or the ability to switch between accounts in the same service, will be the first to appear.
We will keep running Portadi for a while and all existing customers will be able to use it. We have, however, disabled signups.
This is a very special moment for us. They say that entrepreneurship is a lonely journey and to a large degree it is. But we couldn’t have done it without the many people who helped us along the way. I would like to thank all of the people who helped us get here, including:
- Matt Bolton, founder of Bolt Capital, who believed in us when nobody else did.
- Stefan Jorgensen, founder of Itembase, who pushed the most important issue with us: “Just f*ing sell.”
- Jochen Hummel, founder of ESTeam, who taught us it's often OK to say "no" to good ideas.
- Keith Teare, founder of Archimedes Labs, who helped us with our go-to-market.
- Ethan Anderson, founder of MyTime, who guided us through perfecting our pitch.
We couldn’t have done it without our team and our customers, especially the early adopters like Jakub Nesetril of Apiary.io and David Semerad of STRV, and many, many more. And last but not least, I would like to thank Marius Sewing and the team at the Microsoft Ventures Accelerator in Berlin for their support.
We’ve published a short FAQ for existing customers.