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Hawcx Secures $3M Pre-Seed Funding to Revolutionize Passwordless Authentication
Slice of Technology Team
March 17, 2025
Key Highlights:
Hawcx secures $3M pre-seed funding led by Engineering Capital with participation from Boldcap.
Addresses cybersecurity risks—passwords contribute to 86% of data breaches globally.
Seamless authentication with just five lines of code, ensuring effortless integration.
Rapid adoption since April 2024, driven by a self-serve platform.
Mission to eliminate passwords, making online security simpler and more effective.
Source: Business Wire
Notable Quotes:
"Passwords will soon be a thing of the past. At Hawcx, we are committed to delivering a seamless, passwordless authentication experience that simplifies security while reducing operational overhead for organizations."
"The team at Hawcx is solving one of the industry’s most pressing challenges in a uniquely scalable way. We are thrilled to support them in reimagining authentication for businesses and users alike."
"By 2030, the majority of workforce and customer authentication will be passwordless. The Hawcx team is building a best-in-class solution to scale this transformation worldwide."
Why This Matters:
The cybersecurity landscape is evolving, and passwordless authentication is emerging as a game-changer. With 86% of data breaches linked to passwords, organizations are desperate for more secure and efficient solutions. Hawcx's innovative, developer-friendly approach ensures frictionless integration, positioning the company as a leader in next-gen identity security. This funding round marks a pivotal step in scaling a technology that could eliminate passwords altogether—paving the way for a safer, more seamless digital future.
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