Laura Cuttill
Austin, TX (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
2FA, INC.
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Startup
Location:
Austin
Industry:
Technology/Web
Year Founded:
2006
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
2FA, INC. is a leading provider of advanced authentication software in the identity and access management space. Companies can take their existing physical access badges - whether they are proximity cards, smart cards, contactless key fobs, or even their smart phone, and use these in combination with our software to replace insecure and awkward username / password computer logons. When used with our single-sign on functionality, it creates a more secure environment for the end user, while making their life easier by eliminating complicated password management.
Our customers span the healthcare, public safety, manufacturing, and financial services industries. Competitive advantages include an architecture that allows for an unprecedented ease of deployment in this industry, ease of use by the end user, a high degree of built-in flexibility for customizations, and deep domain expertise to spearhead the professional services side of the business. We are currently seeking capital in the amount of $2 million - $6 million to expand the business and take advantage of major time-sensitive market opportunities. Founded in 2006, we have developed a feature-rich, commercialized product with no debt, have been profitable year-on-year, have large, multi-national OEM and VAR partners, and recognized $2.2M in revenue last year, ($7.1M since inception).