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“Onymos, a Menlo Park, Calif.-based software company for app features development, raised $12 million in Series A funding. Great Point Ventures led the round and was joined by investors including Benhamou Global Ventures, Engineering Capital, and Industry Ventures.”
“[Shiva Nathan] adds the next critical work businesses must do is to plan for what I think of as the pre-post-password world. “It’s the transition time between passwords and passwordless,” he notes. “How will they effectively provide two different user experiences simultaneously?”
“Both the initial application building and the continual maintenance are major time sucks on an engineering team. This prevents them from being innovative on their next customer-facing product, and instead shifts focus to internal builds.”
“We here at Onymos are telling you there’s a better way—a revolutionary way—that you can develop applications. You don’t need to focus on or worry about building and maintaining basic features, you can drive business value elsewhere.”
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