FinovateFall 2013 / Biometric Signature ID
Presenter Profile:
How they describe themselves: Biometric Signature ID (BSI) is a patented, 3rd party validated at 99.97% accuracy, software-only gesture biometric for online ID verification with 1M uses and 98% +ve user experience rating. The next evolution in easy to use, highly secure password security.
How they describe their product/innovation: BioSig-ID complies with the new gold standard – multi factor authentication. BioSig-ID requires NO additional hardware, and measures the unique biometric patterns of a user as they “draw” their password to log in. A user is authenticated against a stored pattern from enrollment and after identity is confirmed, access to the device, files, or accounts is granted.
Product Distribution Strategy: Direct to Business (B2B) & through distribution partners
Contacts:
Bus. Dev. & Press: Jeff Maynard, CEO & President, (o) 972-436-6862, (m) 214-244-7679
Sales: Lauren Vaughan, Account Director, lauren.vaughan@biosig-id.com, 972-436-6862
Cindy Maynard, VP Marketing & Sales, cindy.maynard@biosig-id.com, 214-663-0080
Website: biosig-id.com
HQ Location: Lewisville, TX
Founded: July 2007
Product Demoed: BioSig-ID
Product Launch: June 2011
Metrics: $2.5M raised (founders, friends & staff, a $550,000 investment from State of TX & $500,000 from Mohegan Biometrics in 2012), last 12 months trailing revenues $1M+, 100,000+ registered users in 50 states, 53 countries, 50+ clients with 7 employees & consultants
Presenters: Jeff Maynard (CEO & President), Ron Kerkenaar (Senior Technical Analyst)
- Key Executives
Jeff Maynard (CEO, President, & Founder), Cindy Maynard (VP Marketing & Director), Chad Steen (Senior Technical Architect), Ron Kerkenaar (Senior Technical Administrator), Lauren Vaughan (Account Director), & Mike McKay (Software Services)
Key Stats
- Key Board Members
Dr. Mark Sarver (CEO, eduKan Consortia of Colleges), Dr. Doug McGovern (Biometrics expert), Robert Siciliano (security expert), Robert L. Robb (VP Commercialization, University of Texas Dallas), Jeff Cooper, Susan Hoelting, & Dr. Michael Koss MD
- Key Advisory Board Members
Dr. Mark Sarver (CEO, eduKan Consortia of Colleges), Dr. Doug McGovern (Biometrics expert), Robert Siciliano (security expert), Robert L. Robb (VP Commercialization, University of Texas Dallas), Jeff Cooper, Susan Hoelting, & Dr. Michael Koss MD
- Key Investors
State of Texas Emerging Technology Fund, Mohegan Biometrics LLC, & Jeff Maynard (CEO & Founder, Biometric Signature ID)
- Key Partnerships
NSTIC (White House sponsored initiative partners – Microsoft, AAMVA, CA Technologies, AT&T, & Virginia Department of DMV), 7 distance education learning management companies, ProctorU (online proctoring), EPIC (healthcare), PING (identity and access management), & Mohegan Tribe of Indians (online gambling/poker, distribution) Key Customers: Higher education including over 50 colleges and universities, Mohegan Tribe of Indians, Innova Health, plus a key financial institution will allow BSI to expand to financial services, healthcare, & online gambling/poker. The current pilot with White House sponsored NSTIC will provide access to all major online verification required markets.
- Key Customers
NSTIC (White House sponsored initiative partners – Microsoft, AAMVA, CA Technologies, AT&T, & Virginia Department of DMV), 7 distance education learning management companies, ProctorU (online proctoring), EPIC (healthcare), PING (identity and access management), & Mohegan Tribe of Indians (online gambling/poker, distribution) Key Customers: Higher education including over 50 colleges and universities, Mohegan Tribe of Indians, Innova Health, plus a key financial institution will allow BSI to expand to financial services, healthcare, & online gambling/poker. The current pilot with White House sponsored NSTIC will provide access to all major online verification required markets.