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Some say passkeys are clunky — this startup wants to change that
Hawcx, backed by Engineering Capital, aims to solve passkeys' adoption challenge with its new tech.
Nonetheless, Hawcx has raised $3 million in a pre-seed round led by Engineering Capital, along with participation from Boldcap, to speed up its product development and get to the market. Shanmugam told TechCrunch that the startup is in discussions with large banks and gaming companies to start its pilots in the next few weeks, which will run between three to six months with a limited set of users. Phondge is bullish on Hawcx’s tech and is set to deploy it at ADP for a pilot to test if it addresses the issues passkeys bring along, including device dependencies and core system lockups.
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