Bitium, the cloud identity startup providing single sign on and password management solutions for enterprises, founded in 2012 by Erik Gustavson and Scott Kriz, has been acquired by Google. Terms of the deal were not disclosed and no word if the Bitium team will be integrated into Google. In a post on the Google blog, Karthik Lakshminarayanan, Director of Product Management, remarked, “With the acquisition of Bitium, Google Cloud will gain capabilities to help us deliver on our Cloud Identity vision. Our enterprise customers want a comprehensive solution for identity and access management and SSO that works across their modern cloud and mobile environments. Bitium helps us deliver a broad portfolio of app integrations for provisioning and SSO that complements our best in class device management capabilities in the enterprise. As we add Bitium’s capabilities, we’ll continue to work closely with our vibrant ecosystem of identity partners so that customers are able to choose the best solutions to meet their needs.”
Clients of Bitium include DraftKings, SquareSpace, 99 Designs, Plated, MakeSpace, and OpenTable. Prior to the acquisition, Santa Monica-based Bitium, had raised $14.9M in funding over four rounds. Backers of the company include Acequia Capital (Acecap), Alex Bard, Amplify.LA, Double M Partners, Hank Vigil, Hiten Shan, Karlin Ventures, Kelly Perdew, Lazerow Ventures, Michael Lazerow, Moonshots Capital, Polaris Partners, Resolute.vc, Rho West, and Rob Glaser.