Trusona raises $20M to meet growing demand and accelerate innovations

2020-01-14 23:30

Trusona offers the world's first fully passwordless authentication technology.

"This round of funding will not only help us meet the growth in demand for our passwordless authentication solutions, but will also support new breakthrough innovations," said Ori Eisen, Founder and CEO at Trusona.

Even two-factor authentication and multi-factor authentication solutions that rely on usernames and passwords as the first factor authentication are vulnerable and ineffective.

"We are seeing increasing demand for passwordless authentication because of how it simplifies and improves the user login experience," said Rick McConnell, president and general manager, Web division, Akamai.

"Trusona's unique approach complements what Akamai does to register and manage customer identities, allowing our customers to offer great online experiences while reducing fraud and achieving compliance with growing regulatory requirements."

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