Yubico

Yubico

Provides two-factor authentication security keys

About Yubico

Simplify's Rating
Why Yubico is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Cybersecurity

Company Size

501-1,000

Company Stage

IPO

Headquarters

Palo Alto, California

Founded

2007

Overview

Yubico specializes in cybersecurity by offering two-factor authentication solutions, primarily through their product, the YubiKey. The YubiKey is a physical security key that enhances protection against unauthorized access by requiring users to insert or tap the key for authentication, which adds an extra layer of security beyond just passwords. Yubico serves a wide range of clients, including large enterprises, small businesses, and individual consumers, particularly in industries like finance, healthcare, and technology where data protection is crucial. Unlike many competitors, Yubico provides various models of the YubiKey tailored to different security needs and also offers software tools for developers to integrate YubiKey functionality into their applications. Their goal is to address the growing demand for secure authentication methods in response to rising cyber threats, ensuring robust security for their customers through product sales and support services.

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Simplify's Take

What believers are saying

  • Growing demand for passwordless solutions boosts Yubico's market position.
  • Expansion in Europe through partnerships like Infinigate increases Yubico's market reach.
  • YubiKey Bio Series addresses demand for biometric, phishing-resistant authentication.

What critics are saying

  • Emerging biometric technologies could impact Yubico's market share.
  • Rapid adoption of passwordless solutions may reduce demand for YubiKey.
  • Supply chain vulnerabilities could lead to production delays or increased costs.

What makes Yubico unique

  • Yubico's YubiKey offers robust two-factor authentication with a physical security key.
  • YubiKey is compatible with major platforms like Google, Microsoft, and Dropbox.
  • Yubico provides a range of hardware and software solutions for diverse security needs.

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Funding

Total Funding

$719.2M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Retirement plan

Wellness benefit

Equity in the company

Learning & development

Global events

Parental leave

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Yubico
Apr 22nd, 2025
Digital security's unique role in protecting our environment

To offset the environmental impact that can come along with travel, since 2022 Yubico Inc. has partnered with Solvatten - a social enterprise committed to providing people living in developing countries with safe and hot water in a portable, environmentally-friendly way.

Silicon Canals
Apr 9th, 2025
Yubico Recognized as Global Authentication Leader by Top Cybersecurity and Business Industry Awards

Yubico's founder Stina Ehrensvard has been recognized as 'Entrepreneur of the Year' in Sweden by EY

Yubico
Apr 8th, 2025
5 fast cybersecurity tips to clean up your digital life

And if you have recently purchased a YubiKey, Yubico Inc. has created YubiKey resource guides to help you get started with your most loved (and used) applications and services.

Infinigate
Mar 6th, 2025
Infinigate Extends Partnership with Yubico to Switzerland

The Infinigate Group, the leading technology platform and trusted advisor in cybersecurity, cloud and network infrastructure today announced the expansion of its distribution partnership with Yubico, the leading provider of hardware authentication security keys.

Yubico
Dec 12th, 2024
Introducing new features for Yubico Authenticator for iOS

Seamless PIN management for FIDO2: Yubico Inc has introduced FIDO PIN reset capabilities, making it easier than ever for mobile-first users to manage their YubiKey or Security Key.

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