TypingDNA, Inc.
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TypingDNA, Inc. - overview
Established
2016
Location
Brooklyn, NY, US
Primary Industry
IT Security/Cybersecurity
About
TypingDNA is a technology company specializing in biometric authentication solutions that enhance digital security through unique typing patterns. Their services aim to provide reliable and frictionless user verification. Founded in 2016 by Cristian Tamas and Raul Popa in Brooklyn, US, TypingDNA develops advanced authentication technologies utilizing typing biometrics. The company has raised a total of USD 7.
00 mn through 4 deals, with its most recent funding round being a Series A of USD 7. 00 mn in January 2020, led by Gradient Ventures, alongside Credo Ventures, GapMinder Venture Partners, and Techstars. Raul Popa serves as the CEO. TypingDNA specializes in advanced authentication solutions that leverage typing biometrics to enhance security in digital environments.
Their core offerings include Verify 2FA, which allows users to authenticate by simply typing four words, and ActiveLock, a continuous authentication system that monitors users based on their typing patterns. These products cater to businesses looking to reduce fraud, prevent unauthorized access, and ensure compliance with security protocols. Key use cases involve safeguarding remote work environments, preventing device sharing among employees, and enhancing user experience through frictionless authentication. TypingDNA’s solutions serve various sectors, including financial services, education, and remote workforce management, with clients ranging from individual users to large enterprises.
The company's products are available globally, catering to markets across North America, Europe, and Asia. The revenue structure of TypingDNA is primarily based on subscription models for its software products, specifically the Verify 2FA and ActiveLock services. Through these offerings, clients enter into agreements that grant them access to the technology for a specified duration, often accompanied by tiered pricing based on the number of user licenses or usage levels. Business transactions typically occur in a B2B context, where enterprises subscribe to TypingDNA's services to enhance their security measures.
Each subscription may include customer support and software updates, ensuring that clients remain compliant with the latest security standards. The company's flagship products are designed not only to provide robust authentication solutions but also to improve operational efficiency for businesses in various industries. TypingDNA plans to leverage recent funding to enhance their product line and expand into new international markets. The financing from the Series A round, raised in January 2020, will support the development of upcoming products designed to offer even more sophisticated authentication solutions.
The company aims to penetrate markets in Asia and additional parts of Europe by 2023, focusing on sectors that prioritize security such as finance, education, and corporate remote work solutions.
Current Investors
GECAD Ventures, GapMinder Venture Partners, Right Side Capital Management
Primary Industry
IT Security/Cybersecurity
Sub Industries
Web Applications, IT Security/Cybersecurity, Monitoring & Security Software
Website
www.typingdna.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Series A
Total Amount Raised
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