Cybersecurity Startup DAPPLE SECURITY Raises $2.3 Million in Pre-seed Round
DENVER, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Dapple Security will be among the nation's first cybersecurity ventures to innovate a new approach to utilizing biometrics that allows the creation of revocable, reproducible digital credentials in which biometric data is never stored anywhere. Unlike other current cybersecurity offerings, Dapple has designed a way to reproduce confidential biometric and passkey data on demand across multiple devices without needing to store credentials, providing an unprecedented solution to privacy and digital sovereignty. The company's mission is to help fight cybercrime that is predicted to cost the world $9.5 trillion in 2024 (Cybersecurity Ventures).
- Dapple Security is poised to be one of the first-to-market with an innovative passwordless solution utilizing biometrics to prevent cyber attacks.
- The company's mission is to help fight cybercrime that is predicted to cost the world $9.5 trillion in 2024 ( Cybersecurity Ventures ).
- Dapple Security recently raised $2.3 million in the pre-seed round which has been supported by mission-driven investors who believe in Dapple's solution and mission.
- The new fund ex/ante also added Dapple to its list of early investments, having strong alignment with their thesis of security, privacy, and individual freedom.