Tech Company Financing Transactions
Passage Funding Round
Passage closed a $6 million funding round on 7/27/2023. Investors included Akash Network, Chorus One Ventures and Cogitent Ventures.
Transaction Overview
Company Name
Announced On
7/27/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further develop its world-building tools, which allow creators to produce and optimize virtual experiences, to build out the platform's social dashboard, enterprise solution, and tooling for open-source contributions, as well as implement technology partnerships like Sortium.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
609 Clayton Ln. 164
Austin, TX 78752
USA
Austin, TX 78752
USA
Phone
Undisclosed
Website
Email Address
Overview
With deep roots in security and consumer identity, Passage is on the cutting edge of user authentication. The company enables web and mobile developers to replace passwords with biometrics for optimal security and a frictionless user experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cole Hecht
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