Passwords are so last year! California-headquartered Descope has just raised a $53M seed (yup, you read that right) co-led by Lightspeed Venture Partners and GGV Capital.
Founded last April, they help developers build secure and seamless authentication and logins for any application — without any passwords!
Investor check. Unusual Ventures, Dell Technologies Capital, Cerca Partners, Tech Aviv, J Ventures and Silicon Valley CISO Investments also joined in!
❌ Passwords suck
Apart from being a major security risk, passwords can also be a pain for users — leading to bad experiences and users leaving.
And yes, going passwordless is one solution. (I mean, look at how quick and seamless it is whenever you login through Face ID!).
😎 Why it matters
Even if you want to add passwordless authentication to your B2C or B2B apps, developers don't have any quick or simple tools to implement and manage it.
Here's where Descope comes in! It's more than just helping you launch add passwordless authentication.
💻 How it works
Launch any kind of passwordless login in minutes. Add magic links, biometrics, OTPs, social logins, authenticator apps or SAML SSO as authentication methods fast.
Bye bye, cybercrime. Implement multi-factor authentication, detect bots, protect users from account takeover and more!
Manage it all like never before. Manage users, tenants and access control without the hassle.
🚀 What's next
They'll be leveling up their product, investing in research and supporting open-source initiatives around authentication, authorization and user management.
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