TokenOne
Latest round
- Series C
Last raised
- Feb 2015
Total raised
- $1.3M
Investors
- 4
About TokenOne
Founded in 2012 in Sydney, Australia, TokenOne develops advanced authentication systems that leverage One-Time Pad principles. The company was co-founded by Kamil Kreiser and Phil Cuff.TokenOne specializes in advanced authentication solutions that emphasize security and user experience. Their core product is a unique authentication system based on One-Time Pad principles, which allows users to securely log in without ever entering or revealing their Personal Identification Number (PIN). This system combines smart device identification with Zero Knowledge Password Proof, ensuring that users can authenticate without disclosing their secret credentials. TokenOne targets a diverse client base including organizations requiring robust security measures, such as financial institutions, healthcare providers, and businesses that handle high-risk data.TokenOne generates revenue through a structured model centered on subscriptions and partnerships with organizations seeking enhanced authentication solutions. Clients invest in TokenOne's technology to improve their security infrastructure, often integrating the service into their existing systems to facilitate user access. The company offers comprehensive plans that cater to both enterprise and small business needs, ensuring that clients can select a tier that aligns with their security requirements and operational scale. Transactions typically involve an upfront setup fee followed by a recurring subscription cost, which varies based on the number of users and the level of service required.TokenOne plans to launch new products designed to enhance its authentication offerings, with specific release dates yet to be announced. The company aims to expand its reach into additional markets, particularly in North America and Europe, by the end of 2023.
Who invested in TokenOne
4 investors across 1 round
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Funding rounds
Series C
Feb 26, 2015
Amount
$1.3M
Investors
Questions about TokenOne
Who invested in TokenOne?
TokenOne has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TokenOne raised?
TokenOne has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TokenOne last raise money?
TokenOne's most recent round on record is a Series C, in Feb 2015.
What does TokenOne do?
Founded in 2012 in Sydney, Australia, TokenOne develops advanced authentication systems that leverage One-Time Pad principles.
Where is TokenOne headquartered?
TokenOne is headquartered in Sydney, Australia.
Which VCs invest in companies like TokenOne?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back it security/cybersecurity companies at TokenOne's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series C
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