sedicii

Oxygen Accelerator // Oxygen Accelerator 10/01/13 starting 2013-10-01


Key notes: Sedicii verifies identity data between two organisations without exposing the underlying data.

Office address: Arclabs Research Center, WIT West Campus Carriganore, Waterford, Waterford, Ireland

Description: Sedicii allows two parties that have access to the same information to prove to each other that they both have exactly the same information, or not as the case may be, without ever exposing the underlying information to each other in the process. The technology can be applied to pieces of private information such as passwords, bank account details, credit card details or other identity attributes so they can be proven without the need to disclose or share the underlying information. Sedicii is applying this patented technology to build an identity exchange where parties that have lots of trusted identity attributes in their databases can help others to confirm individual identity details without exposing, sharing or transmitting any of the information that they hold. The attributes that the organisation holds are transformed using the patented Sedicii process which makes the information unusable to anyone other than another Sedicii process or server. They firmly believe that identity and the ability to accurately and quickly prove that you are who you say you are, is at the root of every commercial transaction. With Sedicii, this process takes only a second and is invisible to the end user. It will reduce fraud and help businesses to grow without having to worry about getting paid or keeping their customers' data safe.

View details on Crunchbase:

http://www.crunchbase.com/organization/sedicii

$ 1,315,366 over 3 funding rounds.


Funding Rounds

Date Name $ Invested Crunchbase link
2017-09-06 None $ 1,050,000 Detailed data
2014-10-01 None $ 50,000 Detailed data
2013-12-19 None Detailed data

Investors

Round Date Round Name Investor Crunchbase Link


Contact Jed if you have updated information for sedicii

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 03-Mar-2014, 23:57

Last Crunchbase update: 05-Dec-2020, 05:26

Last modified: 06-Mar-2021, 05:27

Country: IRL