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Authomate

Description

Provider of access services for user authentication. The company offers an authentication solution that reduces the risk of stolen credentials by tying a user to their smartphone, so the smartphone in proximity to an application, system or website will log in the user without end user friction, thereby eliminating the need to enter user names, passwords and one time codes. The company's StrongPass solution uses bio-metrics and location-mapping to increase a user's smartphone security.

2012

Founded

PRIVATE

Status

1-10

Employees

Conv. Debt

Latest Deal Type

$430k

Latest Deal Amount

$1.7M

Total Amount Raised

Description

Provider of access services for user authentication. The company offers an authentication solution that reduces the risk of stolen credentials by tying a user to their smartphone, so the smartphone in proximity to an application, system or website will log in the user without end user friction, thereby eliminating the need to enter user names, passwords and one time codes. The company's StrongPass solution uses bio-metrics and location-mapping to increase a user's smartphone security.

Website:

www.authomate.com

Ownership Status

Privately held (backing)

Financing Status

Angel-Backed

Primary Industry

Other Software

Other Industries

Security Services (B2B)

Primary Office

75 5th Street Northwest Atlanta, GA 30308United States
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Authomate Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Authomate Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Authomate Investors (1)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
PV VenturesVenture CapitalMinority000 0000000 0000
PV Ventures Venture Capital

Authomate Executive Team (7)

NameTitleBoard
Seat
Contact
Info
Jeffrey SchmidtPresident, Chief Executive Officer and Board Member
Dante DeWittAdvisor
Ian KleinAdvisor
Jaideep KrishnaAdvisor
Jim TillerAdvisor
Jeffrey Schmidt President, Chief Executive Officer and Board Member
Dante DeWitt Advisor
Ian Klein Advisor
Jaideep Krishna Advisor
Jim Tiller Advisor

Authomate Board Members (3)

NameRepresentingRoleSinceContact
Info
Andrew FerreiraAuthomateBoard Member & Chief Architect000 0000
Jeffrey SchmidtAuthomatePresident, Chief Executive Officer and Board Member000 0000
Piyush BhatnagarAuthomateFounder, Board Member & Chief Technology Officer000 0000
Andrew Ferreira Board Member & Chief Architect Authomate
Jeffrey Schmidt President, Chief Executive Officer and Board Member Authomate
Piyush Bhatnagar Founder, Board Member & Chief Technology Officer Authomate
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