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Axiad Holdings: Raises $20M in Funding

February 10, 2021

Axiad Holdings, Inc., a Santa Clara, Calif.-based provider of a cloud passwordless authentication platform, raised $20m in its first outside financing
Invictus Growth Partners made the investment
Invictus Co-founders and Managing Partners, John DeLoche and William Nettles, will join Axiad’s board
The company also intends to use the fudns to accelerate sales, marketing and development of its multi-factor authentication platform
Axiad provides a multi-factor authentication platform which protects more than 2.5 million enterprise credentials for hundreds of global customers
It enables a secure passwordless experience for any authentication method adopted within the enterprise, including biometrics, PKI, Mobile MFA, YubiKeys, TPM, smart cards, and others