04 January 2020:
TypingDNA has raised $7 million in Series A round of funding. The funding round was led by Gradient Ventures ( Google’s AI-focused venture fund). EU-based fund GapMinder, Techstars Ventures also participated in the funding round.
The startup will use the fresh capital to expand its developer support network and offer more tools to integrate their API with existing website development platforms.
TypingDNA has developed proprietary artificial intelligence algorithms to authenticate users based on how they type.
Raul Popa, CEO and Co-founder at TypingDNA, said, “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.”
Darian Shirazi, General Partner at Gradient Ventures, said, “We’re excited about TypingDNA’s developer-first approach to enable people to authenticate securely based on how they type. 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.”
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. Developers can implement TypingDNA’s API as a passive two-factor authentication option, password recovery method, or simply to ensure inputs are matched to a given user.
(Image – TypingDNA)