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OneID

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OneID was a digital security service based in Redwood City, California. OneID sold a digital identity system that claimed to provide security across all devices using public-key cryptography instead of passwords. The technology is utilized by non-profits, such as Salsa Labs, to increase the frequency and security of online donations.[1][2] OneID now operates as a subsidiary program of Neustar following its acquisition in 2016.[3]

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History

The company was founded in 2011 by serial entrepreneur, Steve Kirsch.[4] Kirsch recruited engineers Jim Fenton, Adam Back, and Bobby Beckmann to create the flagship product, which was launched in early 2012.[5] Following the launch, the company raised US$7 million in venture capital financing from Menlo Park-based venture capital firm Khosla Ventures.[6][7]

Following a growth period in late 2013, the company appointed Kirsch CEO.[citation needed]

In August 2016, OneID was acquired by Neustar.[citation needed]

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References

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