Salesforce Acquires Security Authentication Startup, Toopher
FREMONT, CA: Salesforce acquires Toopher, a security software company that deals with two factor authentication and identity theft protection. This startup was founded in 2011 and had raised $3Mn in funding, reports Catherine Shu for TechCrunch.
The startup is in high spirit for having being acquired by the cloud computing bellwether, Salesforce. “Today it is with great excitement that we can unveil our ability to super-charge our superpower—because we are being acquired by Salesforce!” said Josh Alexander and Evan Grim, Founders, Toopher.
Toopher developed a mobile app for two-factor authentication for users to login to their web services accounts, reports Jordan Novet for Venture Beat. The startup however now has stopped selling the product. With access to greater platform and massive resources of Salesforce, Toopher is upbeat about the prospects for delivering better solutions on a grand scale.
“While we will no longer sell our current products, we are thrilled to join Salesforce, where we'll work on delivering the Toopher vision on a much larger scale as part of the world’s #1 Cloud Platform. We can’t imagine a better team, technology and set of values with which to align,” said Alexander and Evan on the company homepage.