Arkami, the Aliso Viejo, California-based developer of myIDkey, a fingerprint, voice-search, secure Bluetooth/USB drive that displays passwords and IDs on the go, raised $1.8m in Series A financing.
Backers included Gordon Clemons, McNeel Capital and Mark Swanson as well as a number of other angel investors. In conjunction with the funding, Gordon Clemons and Mark Swanson joined Arkami’s Board of Directors.
The company intends to use the funds to accelerate the development of myIDkey, meet customer demand, and facilitate growth of operations.
Led by Benjamin Chen, CEO, Arkami has developed myIDkey, a password management system that fills-in passwords across all frequently used web sites on personal computers and smart mobile devices. It stores passwords and critical information on a portable Bluetooth/USB device which can be unlocked with the swipe of a finger and enables users to voice-search for logins, passwords and ID information on its own OLED screen.
The myIDkey apps for iPhone and Android allows users to manage and edit passwords and encrypt select files to protect with their unique fingerprint.
myIDkey recently completed a Kickstarter campaign that sold more than 5,000 units in 30 days raising $473k.