SaaS

listed by broker
Cyber Security Identity Assurance
Founded in
2012
Desired valuation:
Open to Offers
Description
Current technologies make the cloud the easiest available and scalable place to speedily deploy critical applications. However, until now, two major, intractable problems remain: Insider threat and the damage caused by the lag between breach occurring and its detection – the exposure time currently averages 9 months and amplifies damage potential . Our Technology is the only solution that addresses these two difficult problems. Our innovative Challenge Response protocol does not rely on fixed secrets so there is nothing for a hacker to target or for a complicit Insider to disclose. It is not exposed to the vulnerabilities inherent in current authentication methods whose weaknesses provide convenient excuses for disaffected Insiders to deny their, or their collaborators, illegitimate access. We have the ultimate deterrent against Insider Attack, denying repudiation of access. The second major delivery is the immediate detection of a breach. we can detect clones immediately, allowing breaches to be instantly detected and recovered. N/A
Featured metrics
N/A
Selling details
Type of shares
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Reason for selling
We have self-funded the development of a ready to use, patented product suite that is a major advance in Identity Assurance and want to see it exploited by a company with existing global reach.
Preferred acquirer
The acquisition would offer important competitive advantages to an existing Managed Security Service Provider.
Aspirations & growth opportunities
Identity as a Service Market is set to be $16B pain 5 years, our high grade security product could capture product and services could capture $160m pa
Business details
Business model
Subscription revenue
Customers
2 (Users having privileged access to crucial IT resouces)
Competition
Duo, Okta, Ping
Operational details
Technology stack
Own code
Marketing spend
$0 (Linkedin)
Performance tracking tools
Google Analytics
Financial details
Ownership structure
Directors own 100%
Last month's revenue
0
Last month's profit
0
Financial records
Annual P&L summary reports, Online reporting software/tools
Metrics
TTM revenue
$10,000
TTM net profit
$2000
Based in
EMEA
Team members
3-5
Acquisition type
Full
Desired valuation
Open to Offers
Message Owner
64b64977d084c3000256c764
Message Broker
64b64977d084c3000256c764