Keyless goes independent, raises $6M, plans behavioral biometrics development

Keyless is spinning out from Sift, two years after being acquired by the fraud management provider, and has also raised $6 million in venture capital funding.

The separation from Sift is described as a strategic decision, based on the recognition that the two companies’ technologies are best suited to serve different markets, according to the announcement. Keyless’ passwordless biometric multi-factor authentication was integrated into Sift’s Connect App Gallery last year. Keyless’ digital identity orchestration was also integrated with PingOne DaVinci …

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