EFTA01128304.pdf

Scaling trust for the mobile world EFTA01128304 Introduction IperLane uses behavioral fingerprinting to provide mobile access control and authentication. EFTA01128305  V:0 Our Vision of the Future Identity = smartphone + behavioral fingerprint EFTA01128306 Realizing the Vision Phase 1: Companies sign up for internal enterprise access control solution Phase 2: Companies sign up for behavioral-based 2FA Phase 3: Eradicate passwords and replace them with behavioral fingerprinting Phase 4: Network effects in helping companies inform their mobile strategy, centered around their users EFTA01128307  el/ Why Now? All major industries with security needs are being disrupted (healthcare, finance, loT) and are mobile-first Mobile devices are more secure than desktops, yet not impenetrable and still don't solve the "human" problem Incumbents designed their solutions too early, without a clear use-case for their customers — now they are all inflexible and look the same as a result Companies are already using mobile devices to have stronger guarantees about identity (eg: 2FA) EFTA01128308 Why Start with Enterprise Access Control? Enterprise Users are the Collect data for strategy must go new enterprise behavioral mobile perimeter fingerprints EFTA01128309 Value Proposition Nimble and painless to integrate; practically non- existent integration costs H Stronger 2FA, without the annoyance H Unique analytics/logging capabilities that easily be integrated with Splunk-like systems H "Remote attestation" via our subject matter expertise Longer term: no need to use passwords anymore EFTA01128310 Broad Financial Opportunity - Today Growth of enterprise mobility Over $60bn opportunity by 2020 will drive IAM & mobile device $61bn security 26.8 million employees in the Fortune 500 x 1 device per IAM user x $4 per device per month = $1.3 billion ARR —50 million employees in the F1000 = $2.6 billion ARR Mobile Device $14bn Security 2014 2018 2020 Source. 451 Research, Allied Market Research, Forbes, Fortune, Markets & Markets EFTA01128311 Broad Financial Opportunity — Tomorrow Reducing friction in consumers' mobile experience adds value to customers' top line Just implementing better and less invasive anti-fraud today results in —1% increase in revenue x $330 billion in mobile e- commerce sales = +$33 billion value-add Significant opportunity to reduce customer support costs as well as increase user trust and conversion rate for customers via password removal EFTA01128312 Business Model SaaS subscription model with tiered pricing aligned to scale and complexity of needs of our customers Enterprise access control in single digit $ range per device per month; flat pricing tiers weight number of devices and value-added offerings (user engagement intelligence, etc.) External behavioral auth in sub-$1 range per user per month; flat pricing tiers primarily weight number of users but also integrations with other factors (e.g. voice recognition) '0 EFTA01128313 Our Market Landscape IperLane singularly unifies IAM with mobile security needs Access Control SOPHOS (1121I Somcwa. PulseSecure Gentrify ipokta 4 rORGEROCK %felget (1.1. 11\ Good 0 tiek Isk,k ‘‘1 . l i XenMobile itoopher airwatch (-0 AU THY • CD C) Entrust Datacard yubico al. osoft t:GLOBC1 Mobilelron MFA EMM EFTA01128314 Our Solution Behavior-based mobile access management platform Sensor Intelligence GEOLOCATION 0 KEYBOARD ACCELEROMETER CONTENT METADATA Internal External Mobile Access Cross-Channel Management Authentication Easily integrated plugin - no coding or SDKs required EFTA01128315 Product Offerings IperCron: Enterprise Access IperGate: Consumer Access Mobile access management via Cross-channel user authentication behavioral-based control lists via behavioral fingerprinting Easy granular access control Invisible authentication for users Agile rule creation based on behavior- Outsourced backend management based characteristics Data-rich insights of access activity No interruption to employee workflow Correlate multiple personas within Lightweight & no-cost integration apps using device as identity token Enhance mobile UX and productivity ( EFTA01128316 Product Mechanics Enterprise Access Control Consumer Authentication 'perCron Rule Set Enterprise Register Device EV Send Data Accept/Deny IperLane Plugin 0 0 1 1111 0 14 EFTA01128317  eir Who We Are Our team has extensive experience, technical understanding and a sizable professional network in information security Experience in offensive security research grants unique insights into the system internals and attack surface of mobile devices Vincenzo lozzo Kelly Shortridge Giovanni Gola Joi Ito iOS Hacker's Handbook Co-lead of data security Member of Google's Director, MIT Media co-author & analytics coverage at Project Vault Lab Teneo Capital implementation team Black Hat Conference Board member of NY Review Board member NYU Poly Cyber Awarded DARPA Cyber Times & Sony Symposium advisory Fast Track grant Recipient of DARPA Chairman, PureTech board member Cyber Fast Track grant Speaker at infosec Early investor in Flickr, conferences globally Last.fm & Twitter 15 EFTA01128318 The Next 12 -15 Months Sign LOIs with potential pilots Receive and implement customer feedback Begin Series A Private Beta Public Launch Public Launch (Enterprise) (Enterprise) (Consumer) T Summer 2015. 11 Fall 2015 Winter 2015-16 Spring 2016 Develop enterprise product Develop consumer product Implement behavioral auth for enterprise EFTA01128319 Capital Raise We are raising a $2mm seed convertible note, which will take us through enterprise pilots and launch of the consumer solution To date, DG Incubation has invested into the note, along with angels Charlie Songhurst, Jun Makihara & Sean Masaki Flynn Release enterprise solution in Fall 2015 for pilot customers in targeted market segments • Begin consumer solution public beta to further testing VP of Engineering (Hired May 4, 2015) Data Scientist / Chief Scientific Officer Back-end Developer Potential pilots with large financial services, e-commerce L Initial Partnerships and retail enterprises Partnerships with mobile app dev & enterprise app providers EFTA01128320 Scaling trust for the mobile world EFTA01128321