SecureKey Technologies provides identity and authentication solutions that simplify consumer access to online services and applications. The company has deployed the SecureKey ConciergeTM federated authentication service and is building a privacy-enhancing digital identity network for commercial rollout. It raised growth capital to fund that commercial rollout and to accelerate development of a new service planned for 2017. That upcoming service is intended to help consumers manage their digital assets and take control of their digital identity in a privacy-enhanced, secure way. Leadership includes founder, chairman and returning CEO Greg Wolfond and Rizwan Khalfan, EVP and Chief Digital Officer. SecureKey has offices in Toronto as well as Boston and San Francisco. SecureKey operates the SecureKey Concierge Service, a federated identity and authentication network used by governments and commercial customers to enable secure, privacy-preserving access to online services. Its cloud-based infrastructure powers Canada’s government services and is the core infrastructure for Connect.Gov in the U.S.; SecureKey received a provisional Authorization to Operate (pATO) from the FedRAMP Joint Authorization Board in January 2015. The company says the total number of active users enrolled in its network has doubled over the past year and that millions now rely on its identity services. SecureKey’s offerings let consumers authenticate using a trusted credential of their choice while emphasizing privacy and security. The funding is intended to accelerate worldwide adoption and expand the company’s footprint with strategic partners. SecureKey is headquartered in Toronto with offices in Boston, Washington, D.C., and San Francisco. The company is backed by a group of venture and corporate investors, including strategic investments from Visa, MasterCard, Discover, Rogers Venture Partners, and Intel Capital. Didier Serra was named Executive Vice President to lead consolidated sales and marketing to support global growth. SecureKey Technologies provides a platform-as-a-service for authentication, payment and identity, embedding a security client in laptops, tablets and mobile devices. Its technology enables partners — including financial institutions, healthcare providers, telecoms and government organizations — to deliver scalable solutions with chip-based identity and payment credentials. The company is working with Intel to deploy its solutions in Intel® Identity Protection Technology on Ultrabook devices later in 2012. Led by CEO Greg Wolfond, SecureKey intends to use the new capital for the commercial rollout of its solutions. The company reported a $30M growth capital raise to support expansion and commercialization. SecureKey is based in Toronto, Canada. SecureKey Technologies is a Toronto, Canada-based designer of hardware and software that enables cryptographic capabilities of debit, credit and identity smartcards. Its solutions extend to Near Field Communication (NFC)-based phones to enable online authentication and online purchases. The company provides technology to allow smartcards and NFC-enabled devices to be used for online authentication and transactions. SecureKey said it received an equity investment from Intel Capital and will use the proceeds to continue to expand. CEO Greg Wolfond commented the company is "thrilled with our association with Intel," noting Intel's leadership in chips and technologies that power everyday computing devices.

Total raised

$70M

Funding rounds

4

Latest round

Equity

Latest activity

Oct 2016