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