inBay Technologies Secures Over $1M in Funding

Funding Rounds

▤ Summary

inBay Technologies, an Ottawa, Canada-based developer of passwordless authentication solutions, secured $1+m in funding.Backers included Ramphastos Investments and an Ottawa-based super angel represented by Tongda One Partners Ltd.The company intends to use the funds to accelerate the commercialization of its platform.Led by Shane Young, President & CEO, inBay Technologies provides The idQ® TaaS, a SaaS based digital identity platform that enables companies of all types and sizes to employ multi-level, multi-factor passwordless authentication and delegated authorization solution.FinSMEs 20/09/2017

$ Funding

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Amount $1.0M Total raised
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Date September 20, 2017 Announcement date
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Investors - Lead investors
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Company http://www.inbaytech.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
Security

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▦ Linked Companies

inBay Technologies
$1M to $5M