{"id":176612,"date":"2018-09-26T03:49:57","date_gmt":"2018-09-26T07:49:57","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/futurae-raises-chf-2-mio-to-expand-its-ai-powered-two-step-authentication-solution\/176612"},"modified":"2021-08-14T15:55:26","modified_gmt":"2021-08-14T19:55:26","slug":"futurae-raises-chf-2-mio-to-expand-its-ai-powered-two-step-authentication-solution","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/futurae-raises-chf-2-mio-to-expand-its-ai-powered-two-step-authentication-solution","title":{"rendered":"Futurae Raises CHF 2 Mio to Expand its AI-Powered Two-Step Authentication Solution"},"content":{"rendered":"
The Swiss-based cybersecurity startup Futurae Technologies founded by ETH Zurich security researchers and known for its artificial intelligence-powered, two-factor authentication suite, will be gunning for a market expansion now that they have closed a\u00a0CHF 2 million financing round, led by AXA Venture Partners and DIventures, with participation from Z\u00fcrcher Kantonalbank and Stefan Muehlemann, founder and CEO of Loanboox.<\/p>\n
Futurae is primarily known for its \u2018Zero-Touch\u2019 product, which offers two-factor authentication without the need for user interaction, instead\u00a0uses a machine learning algorithm to\u00a0 authenticate the user via ambient noise, ultra-sound and context information.<\/p>\n
The company also offers complements to their leading product, like multi-factor authentication methods, transaction signing and IoT authentication\u00a0in what the company strives towards becoming uncomplicated and secure.<\/p>\n
Sandra Tobler, CEO of Futurae says \u201cWe see companies striving to continuously meet customers\u2019 expectations, offer more personalized services, and improve the customer experience. IT security should not be a stumbling block but rather integrate seamlessly into the digital user journey.\u201d<\/p><\/blockquote>\n Futurae is currently working with major players in the identity and access management domain within the financial and insurance industry, as well as with fast-growing startups.<\/p>\n<\/div>\n The post Futurae Raises CHF 2 Mio to Expand its AI-Powered Two-Step Authentication Solution<\/a> appeared first on Fintech Schweiz Digital Finance News – FintechNewsCH<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<\/a><\/p>\n