CIT Invests in CySecure to Advance the Next Generation of Identity and Authentication Solutions

​PKI based verification and Self-Sovereign Identity solutions eliminate data breach liability for businesses and allow end users to maintain possession and control of their identity

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​Richmond, VA, Dec. 02, 2020 (GLOBE NEWSWIRE) -- The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Marshall, Va.-based CySecure Inc., developer of next generation identity and authentication solutions. CySecure is developing solutions to eliminate passwords entirely – for users and at company servers – making it impossible for hackers to steal users’ personal data. CySecure successfully completed MACH37’s 90-day program, designed to accelerate a startup’s path to a sustainable business model. CySecure has made significant progress towards launching the general availability of their product and will use this investment for product development.

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http://www.globenewswire.com/news-release/2020/12/02/2138608/0/en/CIT-Invests-in-CySecure-to-Advance-the-Next-Generation-of-Identity-and-Authentication-Solutions.html