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SecureKey Completes $30M Strategic Investment Round
May 2012 by Emmanuelle Lamandé
SecureKey Technologies Inc. announced that it has raised $30M in growth capital to fund the commercial rollout of its innovative online and mobile authentication solutions.
The financing was led by Intel Capital, the global investment organization of Intel Corporation, with whom SecureKey is working to deploy its solutions in Intel(R) Identity Protection Technology (IPT) beginning on Ultrabook devices later in 2012. New investors participating in the round were Visa Inc., MasterCard, Discover Financial Services, Rogers Venture Partners LLC, an early-stage funding source backed by Rogers Communications Inc., and TELUS Corporation.
By embedding its technology in a variety of device platforms, laptops, tablets, and mobile phones, SecureKey can enable ’tap/click to pay’ and ’tap/click to authenticate’ capabilities, and provide secure proxies to stored credentials in device or cloud-based digital wallets. SecureKey recently launched a new authentication service for the Government of Canada that allows Canadians to use their bank authentication credentials to obtain access to online government services.
