Beyond Identity Launches with $30 Million Funding for Password-Free Security

This story is more important but less interesting: Beyond Identity has launched with the promise to replace passwords while increasing security. It works by giving each device a highly secure encryption key, which applications use to authenticate identity through API or SDK connections. Credibility comes from the company founders, who are industry pioneers Jim Clark (Netscape and Silicon Graphics) and TJ Jermoluk (@Home Network). That, and $30 million in funding.