Identity, Channel partners, Content

Token, a Biometric Authentication Startup, Debuts its Smart Ring

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Token, a startup provider of secure, wearable authentication solutions, has begun production of its smart ring in the U.S., the company said.

According to the Rochester, NY-based Token, the multi-factor authentication device helps prevent phishing, ransomware and cyberattacks. At this point, some 200 organizations have
committed to purchasing the smart ring and are on a wait list for it.

Biometric Wearable Technology

Token was short on details about the smart ring’s technology but did allow that it had won six awards for its next-generation MFA solution that is easy-to-implement, passwordless and FIDO 2-compliant. It is also a biometric wearable that stops phishing attacks and data breaches.

The ring easily integrates with all identity and access management solutions to provide a “big leap” forward in protection with minimal implementation effort, Token said.

Token’s chief executive John Gunn, commented on the production process:

“Starting production is a major milestone for Token, reflecting the hard work and dedication of a very talented team, and marking a critical step toward stopping the cyberattacks that are devastating so many businesses. We are seeing incredible demand from the market, with a significant portion of our first production run already committed.”

Funding Boost for Token

Token has secured $43 million in funding and financing to deliver its multifactor authentication technology. In June, the company received $13 million in Series B funding.  Token said it will use the funding for product development and to boost its customer base.

D. Howard Kass

D. Howard Kass is a contributing editor to MSSP Alert. He brings a career in journalism and market research to the role. He has served as CRN News Editor, Dataquest Channel Analyst, and West Coast Senior Contributing Editor at Channelnomics. As the CEO of The Viewpoint Group, he led groundbreaking market research.