Identity Management Company Myki To Scale Its Operations Following $4 Million Series A Round

By Noah Long ● September 15, 2018

With offices in Beirut and New York, Myki is an enterprise identity management company that has raised $4 million in Series A funding for scaling its operations. The Series A funding round — which was recently announced at the TechCrunch Disrupt event in San Francisco — was led by returning investor BECO Capital. LEAP Ventures and B&Y Venture Partners also returned for this round.

Myki was founded by Priscilla Elora Sharuk and Antoine Vincent Jebara in 2015. And with this funding round, Myki plans to expand its operations in the US for its decentralized identity management solutions for enterprises.

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Myki has over 250,000 users worldwide and counting. Plus the company recently partnered with Blockpass, a self-sovereign identity application company.

“We are firm believers that online security and data privacy is not a privilege, it is a right, and that is why at Myki, we empower our users with the tools to securely manage their digital identity,” said Sharuk in a statement.

For the enterprise, Myki targets three user verticals. There is the Myki Password Manager & Authenticator, Myki for Teams, and Myki for Managed Service Providers. The Myki Password Manager & Authenticator is a mobile app that allows users to securely store and manage passwords, credit cards, and ID cards — which can be retrieved using Face ID and Touch ID. Myki for Teams allows administrators to gain full visibility and control over access management. And Myki for Managed Service Providers is a web portal that allows MSPs to manage passwords of their clients in a scalable way.

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“Our mission for the next two years is to build the infrastructure required on all levels to keep growing fast, the way we have been for the past 12 months, and become a world leader in decentralized identity management,” added Jebara.

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