OneID is a digital security service based in
Redwood City, California
Redwood City is a city on the San Francisco Peninsula in Northern California's Bay Area, approximately south of San Francisco, and northwest of San Jose. Redwood City's history spans its earliest inhabitation by the Ohlone people to being a ...
. OneID sells a digital identity system that claims to provide security across all devices using public key
cryptography
Cryptography, or cryptology (from grc, , translit=kryptós "hidden, secret"; and ''graphein'', "to write", or ''-logia'', "study", respectively), is the practice and study of techniques for secure communication in the presence of adve ...
instead of passwords. The technology is utilized by non-profits, such as
Salsa Labs
Salsa Labs, Inc. is a Bethesda, Maryland-based software as a service (SaaS) company that provides donor management, digital marketing, online fundraising, online advocacy, and peer-to-peer fundraising tools to more than 3,000 nonprofit organization ...
, to increase the frequency and security of online donations.
History
The company was founded in 2011 by serial entrepreneur,
Steve Kirsch
Steven Todd Kirsch is an American entrepreneur. He has started several companies and was one of two people who independently invented the optical mouse. Kirsch has been both a philanthropic supporter of medical research, and a promoter of misinf ...
. Kirsch recruited engineers Jim Fenton,
Adam Back
Adam Back (born July 1970) is a British cryptographer and cypherpunk. He is the CEO of Blockstream, which he co-founded in 2014. He invented Hashcash, which is used in the Bitcoin mining process.
Life
Back was born in London, England, in ...
, and Bobby Beckmann to create the flagship product, which was launched in early 2012. Following the launch, the company raised US$7 million in venture capital financing from Menlo Park-based venture capital firm
Khosla Ventures
Khosla Ventures is an American venture capital firm founded by Vinod Khosla, focused on early-stage companies in the Internet, computing, mobile, financial services, agriculture, healthcare and clean technology sectors. Some of its most succe ...
.
Following their Series A, Alex Doll took over the position as CEO. Doll was previously an executive-in-residence as Khosla Ventures, and before that was a founding executive at PGP Corp. With Doll's appointment, founder Kirsch moved into the CTO role. Shirish Sathaye, general partner at Khosla Ventures, and Jonathan Heiliger were added to OneID's board of directors.
Following a growth period in late 2013, the company appointed Kirsch CEO.
In 2014,
Fast Company
''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year.
History
''Fast Company'' was launched in November 1995 by Alan We ...
named OneID one of the top 10 most innovative companies in finance.
In August 2016, OneID was acquired by Neustar.
See also
*
Two Factor Authentication
Multi-factor authentication (MFA; encompassing two-factor authentication, or 2FA, along with similar terms) is an electronic authentication method in which a user is granted access to a website or application only after successfully presenting ...
References
External links
*
2011 establishments in California
Companies based in Redwood City, California
Companies established in 2011
Computer security software companies
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