Security News > 2021 > March > LoginID raises $6M to accelerate adoption of passwordless authentication

LoginID announced a $6M round of seed funding to accelerate the adoption of a passwordless world.

LoginID provides a wide range of APIs and SDKs which give enterprises the ability to integrate FIDO-certified authentication in as little as 15 minutes.

The funding comes on the heels of LoginID becoming FIDO UAF 1.1 server certified, in addition to iOS and Android certified.

With LoginID, companies can integrate and scale strong authentication at low costs, while ensuring compliance with PSD2 and GDPR regulations.

"With the fastest implementation time in the market, LoginID's commitment to accelerate adoption of passwordless authentication helps brands earn more revenue and delight customers with secure biometrics," said Simon Law, CEO and co-founder.

In addition to the investment round, LoginID will add Damien Balsan to its Advisory Board, in addition to Phil Kumnick, CEO of Ipsidy, Hitesh Anand ex Verifone, Citi, and former Chief Product Officer at Verifi a Visa company, and noted cryptographer Professor Alfred Menezes from the University of Waterloo.

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