San Jose, Calif. – OneID, the San Jose-based developer of a digital identity service that eliminates the need for multiple usernames and passwords, said on Wednesday it has landed $7 million in a new round of funding and named Alex Doll as its CEO.
Khosla Ventures and North Bridge Venture Partners co-led the round, which will allow the year-old company to bring its service to market for use by identity providers, e-commerce businesses, enterprises, governments and individuals.
Doll, most recently an executive-in-residence at Khosla Ventures and previously a founding executive at PGP, succeeds company founder Steve Kirsch, who will move to the role of chief technology officer.
This article was also published in Bay Area Tech Wire.
Related links:
OneID – official site
OneID – funding press release
OneID – CEO press release
I see 7$ million only in my dreams. 🙂