BioPassword Gets New Venture Funding

SEATTLE – BioPassword, the developer of a multi-factor authentication scheme that monitors an individual’s personal keyboard strokes, said it has received $11 million in new funding from venture capital investors. The latest round of funding included pledges from RRE Ventures, Citrix Systems, Ignition Partners and OVP Venture Partners. The company has secured a total of $24.5 million in venture funds so far. Among BioPassword’s clients are Forum CU, Parda FCU and San Antonio City Employees FCU.

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