Authomate

About:

Bringing convenience and security to user authentication, certainty you are you leveraging metafactors.

Website: http://www.authomate.com/

Twitter/X: authomate

Top Investors: FirstMile Ventures

Description:

Authomate's platform makes strong security easy to use by shifting the burden of authentication from a human’s memory to their smartphone, creating a unique identity which becomes how you access your digital world. Good passwords are hard to remember so users take short cuts to work around. With Authomate, credentials are stored on the smartphone – eliminating the human element from the authentication flow. Authomate simplifies the user experience by allowing the user’s smartphone in proximity to an application, website, system, or device to seamlessly authenticate the user, while eliminating the need to enter user names, passwords and one-time codes or answering challenge questions – enabling companies to implement stronger, always on security and enforce policies, in each case, without complicating or frustrating their end users and customers. Key features include: enablement of multifactor authentication using contextually aware, dynamic factors; the ability to share access without sharing credentials; the ability to interface with VPNs and other non-web based applications that require credential input (including login for Macs and PCs); geofencing and geotagging; date and time restrictions; biometrics; defense against phishing sites; mitigating attack surfaces used to steal credentials; and robust logging of access. Authomate allows enterprises to implement strong security policies that can be easily adopted by their users and customers, while eliminating the vulnerabilities of weak and reused passwords, forgotten passwords that lead to costly recovery processes, and password spreadsheets that may be shared between team members, and eliminates attack surfaces used to harvest credentials (e.g., malware, keyloggers, Man-in-the-Middle, Man-in-the-Browser, phishing and social engineering). Authomate’s solution is designed to fit within the enterprise’s existing security framework so it can be implemented in weeks, not months or years as required by other authentication solutions. While Authomate’s initial focus is on user authentication, the solution extends beyond access to applications and can be used for any transaction requiring credentials to be given to establish trust and access. The solution architecture reverses the credential flow, thereby eliminating the ability to compromise static devices like point of sale terminals, kiosks, ATMs, or websites for card not present, disabling the ability to use these avenues as an attack vector to steal credentials.

Total Funding Amount:

$2.28M

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Atlanta, Georgia, United States

Founded Date:

2015-01-01

Contact Email:

inquiry(AT)authomate.com

Founders:

Andrew Ferreira, Piyush Bhatnagar

Number of Employees:

1-10

Last Funding Date:

2016-09-01

IPO Status:

Private

Industries:

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