| Follow Us:

Innovation & Job News

rocket ventures invests $300k in identity management software firm

Related Images

InnerApps, LLC, a developer of identity synchronizing software, recently received a $300,000 investment from Rocket Ventures, LLC, a venture capital firm and entrepreneurial support organization that is based in Northwest Ohio.
 
Innerapps started as a project at TranzTec Solutions Inc., a Perrsyburg-based company that provides software and technical services. While working to provide email management solutions for a client, TranzTech staff discovered a broader, unmet need in the market for this service. InnerApps was created in 2010.
 
The company provides a software platform that simplifies the setup, maintenance and day-to-day efforts of securely managing a company’s Internet and email users. It provides application-level user security password synchronization, as well as access management for client systems at their site or on cloud based systems.

The platform helps businesses' IT departments to manage system users and their access. IDSync handles a client’s processes from when an employee is hired to managing removal of access if there is a separation. InnerApps targets the mid-tier employer of 100 to 10,000, with an average of 1,500 to 2,500. 
 
“Our job is to make sure employees can access the right data to perform their duties without having access outside their responsibilities,” explains Toby Miller, CEO and Founder of Inner Apps. IDSync is the first and only enterprise-class identity management solution that provides application level security and access controls directly within Microsoft’s own Active Directory management tools.
 
Dan Slifko, President and Director of Rocket Ventures, is very encouraged by the rapid growth of the company. “IT tech like this is a nice investment with a rapid return on investment that is attractive to taxpayers and private investors,” he says. “We feel that they have a great concept with their technology.”
 
Thanks in part to the recent infusion of new capital, InnerApps, LLC is now looking to hire additional staff members to facilitate its accelerated growth. “We’re looking to hire 7 to 10 employees in the next thirty days,” confirms Miller.


Source: Toby Miller
Writer: Mona Bronson-Fuqua
Share this page
0
Email
Print