Scaling trust for the mobile world

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 strategy must go mobile Users are the Collect data for new enterprise behavioral 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 will drive IAM & mobile device security 26.8 million employees in the Fortune 500 x 1 device per user x $4 per device per month = $1.3 billion ARR —50 million employees in the F1000 = $2.6 billion ARR Source. 451 Research, Allied Market Research, Forbes, Fortune, Markets & Markets Over $60bn opportunity by 2020 $14bn 2014 $61bn 2018 2020 IAM Mobile Device Security 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 (1121I Somcwa. ipokta 4 %felget rORGEROCK 1.1.( 11\ tiek Isk,k ‘‘1. li itoopher (-0 AU THY CDC) Entrust Datacard yubico al. SOPHOS PulseSecure Gentrify Good 0 XenMobile airwatch osoft • t:GLOBC1 Mobilelron MFA EMM EFTA01128314 Our Solution Behavior-based mobile access management platform Sensor Intelligence GEOLOCATION ACCELEROMETER Internal Mobile Access Management 0 KEYBOARD CONTENT METADATA Easily integrated plugin - no coding or SDKs required External Cross-Channel Authentication EFTA01128315 Product Offerings IperCron: Enterprise Access Mobile access management via behavioral -based control lists Easy granular access control Agile rule creation based on behavior- based characteristics No interruption to employee workflow Lightweight & no-cost integration ( IperGate: Consumer Access Cross-channel user authentication via behavioral fingerprinting Invisible authentication for users Outsourced backend management Data-rich insights of access activity Correlate multiple personas within apps using device as identity token Enhance mobile UX and productivity EFTA01128316 Product Mechanics Enterprise Access Control 'perCron Rule Set EV IperLane Plugin Enterprise Consumer Authentication Register Device Accept/Deny Send Data 0 0 11111 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 iOS Hacker's Handbook co-author Black Hat Conference Review Board member Recipient of DARPA Cyber Fast Track grant Kelly Shortridge Co-lead of data security & analytics coverage at Teneo Capital NYU Poly Cyber Symposium advisory board member Giovanni Gola Joi Ito Member of Google's Project Vault implementation team Awarded DARPA Cyber Fast Track grant Speaker at infosec conferences globally Director, MIT Media Lab Board member of NY Times & Sony Chairman, PureTech Early investor in Flickr, Last.fm & Twitter 15 EFTA01128318 The Next 12 -15 Months Sign LOIs with potential pilots Receive and implement customer feedback Private Beta Public Launch (Enterprise) (Enterprise) Begin Series A Public Launch (Consumer) T Summer 2015.11 Fall 2015 Winter 2015-16 Develop enterprise product Develop consumer product Spring 2016 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 LInitial Partnerships 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 and retail enterprises Partnerships with mobile app dev & enterprise app providers EFTA01128320 Scaling trust for the mobile world EFTA01128321