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Authentication Provider LoginID Raises $6 Million in Seed Funding


By Ionut Arghire on March 16, 2021
FIDO-certified multi-factor authentication provider LoginID this week announced that it raised $6 million in seed funding.
Founded in 2019 and based in San Mateo, California, LoginID provides identity protection and control over personal information, helping companies add FIDO-certified biometrics to websites and applications, including ecommerce and banking sites.
According to LoginID, its APIs and SDKs enable enterprises to integrate FIDO-certified authentication within minutes. LoginID recently received FIDO UAF 1.1 server certification, and is also iOS and Android certified.
LoginID says it plans to use the infusion of cash to accelerate adoption of passwordless authentication.
The seed funding round was led by fintech entrepreneurs Damien Balsan (LoopPay and Mobeewave), Fabrice Grinda from FJ Labs (Zingy), George Wallner (Hypercom, LoopPay), Will Wang Graylin (Roam, LoopPay, OVLoop, Indigo), and also saw participation fr ....

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