inBay Technologies Secures Over $1M in Funding

inBay Technologies, an Ottawa, Canada-based developer of passwordless authentication solutions, secured $1+m in funding.

Backers included Ramphastos Investments and an Ottawa-based super angel represented by Tongda One Partners Ltd.

The company intends to use the funds to accelerate the commercialization of its platform.

Led by Shane Young, President & CEO, inBay Technologies provides The idQ® TaaS, a SaaS based digital identity platform that enables companies of all types and sizes to employ multi-level, multi-factor passwordless authentication and delegated authorization solution.



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