Toronto's SecureKey Raises $30 Million from Intel, Visa, MasterCard, Rogers, and Telus

Toronto's SecureKey Technologies announced this morning that it has raised $30 million in growth capital to fund the commercial rollout of its innovative online and mobile authentication solutions.  The financing round was led by Intel Capital and included new investors Visa Inc., MasterCard, Discover Financial Services, Rogers Venture Partners LLC, and TELUS Corporation.

SecureKey provides a platform-as-a-service for authentication, payment and identity.  By embedding its security client in laptops, tablets, and mobile devices, SecureKey enables partners to deliver scalable, easy to use solutions with the security of chip-based identity and payment credentials.

The investment round will enable SecureKey to expand its development of convenient and secure touch-to-pay instant checkout and strong mutual authentication.  Recently SecureKey worked with Intel and MasterCard to embed PayPass technology onto Intel IPT devices including Intel’s recently launched Ultrabooks and will be deploying its solutions in Intel Identity Protection Technology (IPT) beginning on Ultrabook devices later in 2012.

By embedding its technology in a variety of device platforms, laptops, tablets, and mobile phones, SecureKey can enable ‘tap/click to pay’ and ‘tap/click to authenticate’ capabilities, and provide secure proxies to stored credentials in device or cloud-based digital wallets. SecureKey recently launched a new authentication service for the Government of Canada that allows Canadians to use their bank authentication credentials to obtain access to online government services.

Success of Bait Cars Inspires Laptop and Bicycle Spinoffs (That May Even Get a Reality TV Show)

Bait cars have been so successful in capturing thieves in BC that the system has inspired spinoffs for bait computers and bait bicycles. In fact, a team of youth in Vancouver is developing a reality television show based on a bicycle with a GPS-broadcasting device hidden inside the frame.

Meanwhile, RCMP in the Vancouver suburb of Maple Ridge this week announced the recovery of four laptops stolen from local schools, thanks to tracking devices installed by the school district. It was the technology's first real-world test and passed with flying colours.

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Instagram Clone: Facebook Launches Mobile Photo App for iPhone

With all the negative news swirling regarding Facebook's IPO and their inability to monetize mobile, the multi-millionaire Facebook developers have kept on working.

Today Facebook launched Camera, a new iOS app that enhances the Facebook photos mobile experience. With Camera, users can now view just photos from their friends in one feed, share multiple photos at once, and customize pictures with captions and filters before posting.

Considering Facebook's recent billion dollar purchase of Instagram, today's launch may come as a surprise.

Camera is an independent photo application with a few features extremely similar to what users of Instagram are already used to using. However with Camera users will not be able to share within the app only (as Instagram can do) or to other social networks all at once.

Camera is all about Facebook.

Camera will be available for the iPhone starting today and can be downloaded for free from the App Store.