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Hideez for investors

Authentication and Cybersecurity Empowerment

We believe that in order to be effective, endpoint cybersecurity should be reliable and convenient. We are building best-in-class software and hardware technology solutions to secure users’ physical and digital identity. Our flagship product Hideez Key is an all-in-one password manager, physical authenticator, and access token that is Bluetooth-, RFID- and NFC-enabled and has a a compact, wearable design.

Hideez’s solutions eliminate the human factor in maintaining cybersecurity compliance within existing infrastructure, increasing employee productivity, and reducing operating costs.

HIDEEZ MISSION

We strive to create easy-to-use, comprehensive digital authentication solutions that support reliable and convenient endpoint identity and access management. We specialize in enterprise-scale cybersecurity solutions designed for individuals.

PROBLEM

Every company faces challenges when implementing identity & access management solutions, including authentication, security, auditability, and accountability (efficiency, productivity & manageability). Hideez supports enterprise cybersecurity on several fronts:

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Identity management

Today companies are losing more than $400 per employee every year in lost productivity for them to remember their passwords.

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Mitigate the risk of security breaches

An average corporate security breach now costs more than $1.5 million

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Fighting other rising cybersecurity risks

For instance, credential stuffing, the monetary cost of which can range from half a million to over $50 million per company per year.

HIDEEZ SOLUTIONS

Hideez’s solutions shift responsibility for password management from the user to the enterprise. Hideez provides enterprises with alternatives to fully deployed privileged access management systems or can serve as a perfect supplement to existing infrastructure, MFA, SSO, enterprise mobility management, and cloud solutions.

Proprietary technologies:

  • – Encrypted Bluetooth 5.0 Low Energy (BLE) connection
  • – Encrypted wireless storage for sensitive data
  • – Proximity sensor
  • – Context-aware for continuous and dynamic authentication

Hideez main functions:

  • – Wireless password vault
  • – RFID universal storage: Em-Marin and HID (125 kHz) and MIFARE NFC
  • – Multi 2FA - One-time password generator
  • – 2FA to proximity lock and unlock computers
  • – Vault for blockchain identity
Market Size Hideez
Market Size

The authentication services market size is expected to grow from $622.9 million in 2017 to $1.62 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 21.1%, according to Research & Markets.

GO-TO-MARKET STRATEGY

Hideez is a forward-thinking, collaborative technology provider.

Technology partnerships - We integrate our solution with existing vendors to provide Single Sign-On and Identity and Access Management services.

Licensing and OEM - We work with other manufacturers and vendors to develop security token and identity tools.

Roadmap

Blockchain
Identity

Hideez 2018 Roadmap
2019
Done
  • Hideez Wallet – Wireless cryptocurrency wallet Launch
  • Cryptocurrency exchange integration
  • Hideez technology was patented
  • Sales on Amazon US & Amazon Europe

Technology
Licensing

Hideez 2019 Roadmap
2020
Done
  • FIDO Alliance Membership
  • Hideez FIDO Security Key Launch
  • Hideez Mobile Authenticator Development
  • B2B sales channel in the US

Enterprise Endpoint Authentication

Hideez 2020 Roadmap
2021
Next steps
  • Expanded Use Cases
  • Marketplace expansion in Europe
  • B2B sales channel in Europe

Authentication Service Platform

Hideez 2021 Roadmap
2022
Contacts
Oleg Naumenko
Oleg Naumenko
Founder, CEO

For more information and investment inquiries, please contact us.

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