Keybase Raises $10.8M to Develop Encrypted Messaging Using Public Keys
Keybase, a cryptographic message and verification startup, has raised US$10.8 million in a Series A funding round led by Andreessen Horowitz and including angel investors and entrepreneurs such as Reddit co-founder Alexis Ohanian, MakerBot co-founder Bre Pettis and Chain.com CEO Adam Ludwin. Keybase was founded last year as a hobby project of OKCupid co-founders Max Krohn and Chris Coyne, who sold the dating site to Match.com for US$50 million. With this venture, Krohn and Coyne hope to help people obtain public cryptography keys to encrypt and secure information sent via email. The....
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A new project called Keybase is attempting to make cryptographic keys, like those used for bitcoin wallets, easier for everyone to use. One of the most important elements of bitcoin is arguably the cryptographic key pair, and every wallet has two keys: a public one as an advertised address, and a private one that controls it. Yet, the system is not perfect. Key pairs are confusing for many users and there isn't yet an effective, decentralized way by which keys can be linked to an identity, thus proving ownership. Keybase believes it can help make using keys more secure and understandable....
There’s a new application in crypto-land called Keybase.io a platform that promises cryptographically ensured file sharing. The service boasts a system of verifiable signed directories that also using the Bitcoin blockchain to anchor a user’s keys. This, in turn, allows people to encrypt file sharing with a public and private folder, providing....
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