Microsoft Ventures Leads Series B Funding in Trusona

SCOTTSDALE, Ariz., June 13, 2017

"Identity management is a critically important and growing space," said Nagraj Kashyap, corporate vice president, Microsoft Ventures. "Helping businesses and consumers move toward a safer and more secure digital world is a priority for Microsoft. We believe in the work Trusona is doing to give their enterprise clients peace of mind when it comes to data protection."  

"Trusona is committed to solving how people prove identity online," said Ori Eisen, CEO and founder of Trusona. "We are honored that Microsoft Ventures has chosen to support Trusona's vision to eradicate the use of static passwords and create a safer world online."

"Having invested in Ori's previous company, I know he is the person that can build a team and technology that will revolutionize online authentication both in its security and its simplicity," said Ted Schlein, General Partner at Kleiner Perkins. "I am delighted to see the overwhelming interest in the technology across all business sectors - from banks to entertainment, from automotive to healthcare, and from higher education to government. Microsoft Ventures is an ideal partner to help Trusona continue to expand into new industries globally."

Trusona's identity proofing coupled with authentication is rethinking the old ways of cybersecurity and eliminating the need for static usernames and passwords, internet security's weakest link. Trusona's solutions ensure people are who they say they are and no one else can, relying on patented technology that uses the unique nature of each authentication to assure the True Persona behind every digital interaction. Offering three tiers of security, Trusona is already being utilized by companies across government, media, health care, finance and education.

In 2017, Trusona introduced two new products - Trusona for Wordpress and Trusona for Salesforce - offering an effortless and more secure no password login for Wordpress and Salesforce, respectively.