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Usable Security Systems, Inc.

UsableLogin

Conference
DEMOfall 08
Market Segment
Consumer Software and Services
Funding Amount
$500,001-$1,000,000
Funding Round
Seed
Funding Details
$1 million seed round led by CommerceNet.
Competitors
Existing two-factor authentication vendors, such as RSA, Verisign, Arcot and Tricipher, offer products that are costly to deploy and that burden users with hardware tokens and complex procedures. Consumer-oriented "single sign-on" services, as offered by OpenID vendors, work only with participating websites and do not offer websites account control and security. Password managers, such as 1Password or RoboForm, create security vulnerabilities by storing user passwords.
Product Description
UsableLogin is the web authentication service that helps users login safely and easily everywhere. Users login to any website with one simple password; Usable creates secure passwords so users don't have to. Websites insert a snippet of JavaScript to achieve secure two-factor authentication and attack resistance, eliminating the need for burdensome hardware and confusing security procedures that differ from site to site. With a browser add-on, UsableLogin works even with non-participating websites.
Market Opportunity
Forrester projects that the identity and access management market will grow to $12.3 billion in 2014. Microsoft Research estimates that the 1.4 billion online users have 25 accounts on average and login 8 times per day. More than 10 billion logins per day need to be made easier and safer.
DEMO Says
Admit it: you have a critical password scribbled on a Post-It note somewhere. We should know better, but the fact is passwords are a pain and we want life to be easy. Usable Security Systems understands the issue and has created a secure password scheme that embraces our humanness yet makes us much more secure. UsableLogin delivers superior security for individuals and protected sites with virtually no barrier to adoption. Why wouldn’t you use it, unless maybe you have a thing for Post-Its.
Contact
Rachna Dhamija
rachna@usable.com
Company Address
485 Third St.
San Francisco, CA 94107
Primary Phone
415-839-8265
International Phone
415-692-1385
Primary Fax
415-839-8266
URL
www.usable.com
Officer One
Rachna Dhamija - Founder & CEO
Officer Two
Allan M. Schiffman - Founder & CTO


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