Geodica Touchpass sydstart

Post on 20-Jan-2015

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Transcript of Geodica Touchpass sydstart

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Location-based Online Securitywww.geodica.com

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PROBLEM

• Explosion in internet access. By 2016, 10 Billion internet devices.

• Username & password is not secure. Convenience v security

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THE PROBLEM

SMS

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MARKET

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“$2bn in 2011... overall growth in the authentication market 30% year over year” -

Gartner

• Mature providers. Innovators Dilemma.

• Start-ups emerging. No location.

BUSINESS MODEL

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Leverage makes distribution &operating costs very low

Attractive ‘active user’ pricing

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TODAY

• Patents pending

• Production beta

• Two customers starting integration

• Channel partner negotiations

TEAM

Andrew McDonald 18 years project delivery

Matthew Sinclair 18 years engineering and architecture

Ben Forrest 16 years IT systems, sales & operations

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50+ years experience

@matthewsinclair

@benjyforrest

OPPORTUNITY

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Investment $3m over two years

Partnership sales-oriented companies

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Location-based Second Factor Authenticationwww.geodica.com