# CertiVox

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/certivox

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: http://www.certivox.com
- Total disclosed funding: $12M
- Latest round: Series B (May 1, 2014)
- Investors on record: 4

## About

CertiVox specializes in providing Multi-Factor Authentication-as-a-Service through its innovative platform, enabling secure, passwordless access for users across various industries.Founded in 2009, CertiVox operates from San Francisco, US, focusing on cloud-based authentication solutions. The company successfully raised USD 8.00 mn in a Series B funding round in May 2014, with investments from Boundary Capital, NTT DOCOMO Ventures, and Octopus Investments.  The founder's specific history was not available for mention.CertiVox offers a cloud-based Multi-Factor Authentication-as-a-Service platform known as MIRACL Trust. This solution utilizes a passwordless, PIN-only login process, allowing users to access their accounts in under two seconds without the need for additional devices or SMS messages. The platform effectively addresses vulnerabilities associated with weak passwords, boasting a high login success rate of 99.9%. It serves a diverse clientele across finance, retail, and gaming sectors, particularly targeting markets in North America, Europe, and Asia.CertiVox generates revenue primarily through a subscription-based model for its MIRACL Trust service. Clients enter into annual or monthly agreements, granting access to the platform without the complexities or expenses of traditional Multi-Factor Authentication methods. The pricing structure is designed for operational efficiency, allowing clients to pay as they go, reducing costs related to authentication failures and helpdesk resources for password management.CertiVox aims to leverage its recent funding of USD 8.00 mn from the Series B round to expand its product offerings and market reach. The company plans to introduce new features for the MIRACL Trust platform, focusing on enhancing user experience and security. Additionally, CertiVox is targeting expansion into new geographic regions, specifically aiming to strengthen its presence in Asia by the end of 2015, aligning with market demands and user needs.

## Funding rounds

- Series B, May 1, 2014, $8M — NTT DOCOMO Ventures, Boundary Capital, Octopus Investments
- Series A, Nov 1, 2011, $2.4M — Pentech Ventures, Octopus Investments
- Series A, Mar 28, 2011, $1.4M — Pentech Ventures, Octopus Investments

## Investors

- Pentech Ventures (https://capitalatlas.ai/funds/pentech-ventures) — Series A
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series A, Series B
- NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series B
- Boundary Capital — Series B
