Tech Company Financing Transactions
Tokenize Funding Round
Tokenize, operating out of West Henrietta, received $13 million from Grand Oaks Capital and private investors.
Transaction Overview
Company Name
Announced On
6/29/2022
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series B
Investors
Grand Oaks Capital (Lead Investor)
private investors (Tom Golisano)
Proceeds Purpose
The company intends to use the funds to increase its investment in solution development and generate demand for its technology.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
4545 East River Road 310
West Henrietta, NY 14586
USA
West Henrietta, NY 14586
USA
Phone
Undisclosed
Website
Email Address
Overview
Token Ring is Changing the Game with Wearable Biometric Authentication, Token Ring eliminates the friction and vulnerabilities of outdated authentication methods such as passwords and SMS passcodes while helping to prevent ransomware, data breaches, and data manipulation attacks. Its integrated fingerprint sensor means Token Ring will respond only to the authorized user, so no one else can use it. And because Token Ring is operated with just a simple gesture by the person wearing it, users can get the benefits of MFA and passwordless login support in a single step.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Kevin Surace
Chief Executive Officer
John Gunn
Vice President
Richard Lourette
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