Security News > 2020 > January > TypingDNA raises $7 million to advance the research and distribution of typing biometrics
Behavioral-biometrics company TypingDNA announces that it raised a $7 million Series A round led by Gradient Ventures, Google's AI-focused venture fund.
TypingDNA has developed proprietary artificial intelligence algorithms to authenticate users based on how they type.
"Advancing the research and distribution of typing biometrics is of global importance. Keyboards are incorporated in almost any device today, making typing behavior the most widely available user biometric. This round of funding will allow us to further our mission to provide user-friendly, non-intrusive biometrics and increased security to people around the world," said Raul Popa, CEO and Co-founder at TypingDNA. TypingDNA's Authentication API accepts user keystrokes in a standardized and open-sourced format allowing simple and easy integration into any desktop or mobile application.
TypingDNA is currently ACE compliant for verifying students online, and European Banking Authority considers typing biometrics to be compliant for SCA regulation, as a consequence the company is experiencing great demand from the industry.
"With global regulation impacting face-recognition-based authentication and hackers targeting SMS-based two-factor authentication, typing biometrics is the best form of identifying people without compromising privacy or security."
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