March 27, 2015
LaunchKey, the first decentralized authentication platform for the post-password era, has been named as one of only four startups selected to present to the IT community in the Startup Hot Seat at Interop 2015. LaunchKey was founded in 2012 in Las Vegas by Geoff Sanders, Yo Sub Kwon, and Devin Egan, who remain its cofounders today, and most recently announced a $3m funding led by Metamorphic Ventures.
The Startup Hot Seat will be held on April 30th during the Interop conference, which runs from April 27 – May 1. This unique session will allow the team to give an 8-minute presentation to provide an up-close look at LaunchKey’s authentication platform, followed by a question-and-answer session given by attendees. investors, and panelists such as Alex Benik, a partner at Battery Ventures.
“For decades technology has evolved without solving the root problem of most security breaches, the password. That’s why we’re excited to share LaunchKey’s password-less authentication platform with attendees at Interop, so IT security professionals can implement it and focus additional time and resources on other attack vectors,” shared CEO Geoff Sanders.
According to company materials, LaunchKey’s REST API and suite of developer tools allows virtually any online or offline consumer-facing or enterprise system to be secured with next-generation authentication and modern security. A password-secured system requires that the authentication be centralized, which makes security dependent upon the integrity of the application and each individual user within the system. Essentially, this places all of the “keys to the castle” in one convenient place. Decentralizing the layer of authentication, as with LaunchKey, segregates each user and each factor of authentication. Each set of keys, then, is isolated from the next.
Interop is the leading independent technology conference and expo designed to inspire, inform, and connect the world’s IT community by bringing together market leaders and emerging companies to plan for the future and learn about the latest solutions to their current problems. With enterprise almost wholly adopting BYOD (Bring Your Own Device), security at the authentication layer is paramount, which is why LaunchKey allows enterprises and end users to use biometrics, pin codes, and advanced features like geo-fences and time fences for security. With all these options for authentication, anyone using LaunchKey is prepared for almost every imaginable security scenario—including new challenges presented by the IoT (Internet of Things).
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