BioPassword, Inc. Secures $7,499,900 New Funding

  • Feed Type
  • Date
    3/31/2008
  • Company Name
    BioPassword, Inc.
  • Mailing Address
    1605 NW Sammamish Road Issaquah, WA 98027
  • Company Description
    BioPassword is the leader in delivering enterprise security software solutions for multifactor authentication using the biometric science of keystroke dynamics. BioPassword protects corporate and individual assets with a simple, yet powerful combination of the user’s standard login credentials (userID and password) with the behavioral biometric of keystroke dynamics (their unique typing rhythm).

    BioPassword authentication software is fast, accurate, transparent, scalable to millions of users, and immediately deployable across the organization and the Internet without the need for expensive tokens, cards, or other specialized hardware. Using BioPassword to monitor and authenticate users, organizations can quickly and cost-effectively implement secure access, comply with regulatory requirements, and substantially reduce fraud risk. BioPassword solutions make the risk of easily guessed passwords irrelevant and stolen passwords worthless!

  • Website
    http://www.biopassword.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,499,900
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Benaroya Capital Company
  • Venture Investor
    Ignition Partners
  • Venture Investor
    OVP Venture Partners
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Undisclosed

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