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Portfolio News April 16, 2024

SecureAuth Appoints Joseph Dhanapal as CEO to Lead Next Chapter of Company Growth

SecureAuth, a leader in next-generation access management and authentication, today announced the appointment of Joseph Dhanapal as Chief Executive Officer and member of the Board of Directors.
SecureAuth Appoints Joseph Dhanapal as CEO to Lead Next Chapter of Company Growth

Seasoned security technology executive to spearhead new investments in workforce and consumer identity access management capabilities  

IRVINE, CA – April 16, 2024 –  SecureAuth, a leader in next-generation access management and authentication, today announced the appointment of Joseph Dhanapal as Chief Executive Officer and member of the Board of Directors.

Joseph Dhanapal is a security leader with deep strategy, technology and operations experience, and a customer centric approach to innovation. Dhanapal has experience driving growth for organizations ranging from Fortune 500 to private equity portfolio companies. Most recently, Dhanapal served as Vice President, PingOne Advanced Services at Ping Identity, where he was the general manager leading the go to market and operations strategy for Ping’s Advanced cloud solution.  Prior to his more than seven years with Ping Identity, Dhanapal held leadership roles at TeleTech, CenturyLink, Qwest and US West. 

“In a digital first world, with increasing attacks on digital IDs, enterprises are looking for advanced solutions that balance security and user experience; and SecureAuth is positioned to deliver solutions that address evolving enterprise workforce and consumer identity access management needs,” said Dhanapal.

He continued: “Innovation has been in SecureAuth’s DNA for nearly two decades, from adaptive and risk-based authentication approaches to continuous identity monitoring. I’m excited to join SecureAuth at a time where the opportunity to harness the power of our portfolio and differentiate based on agility and responsiveness to customer needs will create new momentum and growth. Partnering with Vik Verma, our Executive Board Chairman and the rest of the K1 Investment Management team, will continue to help accelerate our growth and category leadership.”

Dhanapal’s appointment comes on the heels of SecureAuth’s strategic acquisition of Cloudentity and marks one of the company’s investments into CIAM innovation, and an increased focus on customer centricity and success.

“We’re thrilled to welcome Joseph to SecureAuth, to usher in the company’s next chapter of new investment in product and customer experience,” said Ron Cano, Managing Partner, K1 Investment Management. “SecureAuth is well-suited to provide mission critical solutions to our customer base.”

“We’d also like to thank Paul Trulove for leading the company through an important phase of increased profitability, strategic acquisitions, as well as expanding our reach into an even broader global customer base,” continued Cano.

About SecureAuth Corporation

SecureAuth is a next-gen access management and authentication company that enables a secure, passwordless, continuous authentication experience for employees, partners, and customers. With the only solution deployable in cloud, hybrid, and on-premises environments, SecureAuth manages and protects access to applications, systems, and data at scale anywhere in the world. To find out more, please visit www.secureauth.com.

About K1 

K1 is a global investment firm that builds category-leading enterprise software companies. With over $14.9 billion of assets under management, K1 partners with strong management teams of high-growth technology businesses to help them achieve successful outcomes. With over 120 professionals, K1 and its operating affiliate, K1 Operations LLC, change industry landscapes with operationally focused growth strategies designed to rapidly scale portfolio companies. Since the inception of the firm, K1 has partnered with over 200 enterprise software companies including industry leaders such as accessiBe, Checkmarx, Comply, ControlUp, Emburse, Employ, Granicus, Onit, Rethink, Reveal, simPRO, Smarsh and Zapproved. 

For more information, visit k1.com and follow K1 Investment Management on LinkedIn.

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