Authy Raise $2M For Two-Factor

By  |  September 10, 2014
 | 

Founded in 2011, Authy wants to make two-factor authentication (2fA) easier to implement and more widely used.  Now They’ve picked up $2M and a new president and COO, Marc Boroditsky, to do it with.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Authy delivers both a consumer-facing 2FA mobile app and an API that developers can use to imbed 2FA into their own sites.

    Authy has  secured funding from IdeaLab, Digital Garage, CrunchFund and Salesforce.com. Boroditsky comes to the company with a strong security background. He founded Passlogix, which was then acquired by Oracle.

    Authy has also listed its company on AngelList—an angel network and equity funding platform, reports Forbes.

     


    Recommended

    Checkout.com

    Checkout.com Secures Georgia Bank Charter and Plans to Operate as Own Acquirer

    woman paying bills

    AI Rewrites Lending for Borrowers FICO Scores Miss

    Robinhood Takes On Coinbase as Stock and Crypto Overlap

    SMBs-B2B-cash-flow-management

    Why SMBs Can’t Afford Cash Flow Blind Spots as Bankruptcies Hit 15-Year High

    See More In: , , ,