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Authomate Named a Finalist at 2019 Red Herring Top 100 North America
  • USA - English

Authomate selected as a finalist for Red Herring's Top 100 North America award, one of the technology industry's most prestigious prizes.


News provided by

Authomate

May 16, 2019, 12:00 ET

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PASADENA, Calif., May 16, 2019 /PRNewswire-PRWeb/ -- Authomate Inc., the provider of a next-generation user authentication and identity assurance platform that eliminates credential vulnerabilities, makes strong security easy to use and enables a passwordless experience by leveraging a user's mobile phone as the user's passwords, has been selected as a finalist for Red Herring's Top 100 North America award, one of the technology industry's most prestigious prizes.

For over two decades Red Herring's team has seen through the tech sector's hype to select brands that have become industry benchmarks. Finalists for the awards are among the continent's brightest and most innovative private ventures. Their place among North America's tech elite has been chosen by Red Herring's editorial team, during a months-long process that takes into account criteria including disruptive impact, proof of concept, financial performance, market footprint and quality of management.

The Top 100 North America has become not only a springboard for some of tech's biggest names, but a valued and trusted tool for venture capitalists, experts and analysts predicting trends at the industry's sharpest edge.

"We are honored to have been selected as a finalist for the Top 100 and want to thank Red Herring for the opportunity to showcase our platform," said Jeff Schmidt, President and Chief Executive Officer of Authomate. "Authomate enables seamless authentication with a user-friendly platform that also yields the most secure credentialing for enterprises. By removing frustrating processes that interfere with user engagement, we provide better authentication that employees, contractors and customers are willing to adopt and ultimately reduce exposure due to poor password hygiene."

"Selecting finalists for this year's Top 100 has proved more difficult than ever," said Alex Vieux, publisher and chairman of Red Herring. "North America has been tech's beating heart for years – but never have I seen such an exciting, disruptive and innovative generation as we have in 2019. Authomate fully deserves its place among our finalists, and I've every confidence it will make a significant impact in the tech world."

"It is a real honor for Authomate to be selected as a finalist for Top 100," said Piyush Bhatnagar, Founder and CTO of Authomate. "Authomate is a unique blend of strong security and ease of use. We not only protect your website accounts but also manage secure access to computers, applications and documents. Imagine a password protecting all of your critical Word, PowerPoint, Excel and PDF documents without worrying about remembering or typing the password. All you need is your phone next to the device, and all your secured information is accessible seamlessly."

Jeff Schmidt will join the finalists who are invited to present their winning strategies at the Red Herring Top 100 North America conference in Pasadena, May 13-15, 2019. The Top 100 winners will be announced at a special awards ceremony on the evening of May 15 at the event.

About Authomate:
Authomate Inc., named the Americas winner of the UBS Future of Finance Challenge 2017, is focused on changing the way users authenticate, leading the charge of increasing the security controls while at the same time enabling greater convenience. Built by a team of security professionals and former Bell Labs engineers. Our patented, cloud-based technology, which is accessed via smartphone application, ensures effortless access to secure applications for intended users, while simultaneously making secure applications exponentially more difficult to hack. Contrary to prevailing sentiments in the IAM industry, at Authomate, we believe you shouldn't have to choose between security and convenience. Our passion is based in the belief that security can be made stronger, while also making it easier.

For more information, visit: http://authomate.com

SOURCE Authomate

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