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JUN 13, 2013 - TechCrunch

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Encap Raises $2M For A Mobile ID App As An Alternative Two-Factor Authentication

As high-profile sites like Twitter, Google, and most recently Evernote and LinkedIn turn to two-factor authentication to help their users protect themselves from malicious hackers and security breaches, Encap, a startup based out of Norway, has created an alternative it says is better and safer, using an app on a person's mobile device. The company today announced a round of funding -- we understand it to be $2 million -- from Norwegian early-stage VC ProVenture Seed, which it will use to further develop the solution and take it to new markets outside of Scandinavia, specifically the U.S., ... Read More

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