Jeff pape company report
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This document discusses a startup that has created an alternative to CAPTCHAs that aims to be more user-friendly. The startup won a business plan competition in 2011 and raised $750,000 from investors. It is currently fundraising and hiring to grow rapidly. The alternative uses a new take on CAPTCHAs that focuses on security but is easier for users than traditional image-based CAPTCHAs. Competition comes from Solve Media, but the prognosis for the startup is generally positive as it works to establish a client base.
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Jeff pape company report
- 1. Are You A Human? EECS 441 Jeff Pape
- 3. Financials • April 2011, won $115k in Business Plan Competition • July 2011, raised $750,000 from Detroit Venture Partners • Currently fundraising
- 4. History
- 5. What’s Interesting • Security • OCR vs Captcha farms
- 6. What’s Hot • Currently hiring • Looking to grow rapidly
- 7. Secret Sauce • New take on captchas • User friendly
- 10. Prognosis • Generally positive • Need to establish client base