Trillbit Technologies Pvt

Trillbit Technologies offers a sophisticated authentication platform centered on its proprietary "Data-over-Sound" technology, positioning itself as a key player in the passwordless security and IoT markets. Founded in 2016 by IIT and ISB alumni Bhaskar Deo, Mrigesh Parashar, and Shashikant Burnwal, the company was born from a simple observation: the difficulty of capturing information from a car radio while driving. This led the founders, two of whom were former acoustic engineers at Schlumberger, to explore using sound waves for data transmission.

The company's core offering is a software development kit (SDK) that enables any device with a speaker and microphone to transmit and receive encrypted data via inaudible, ultrasonic sound waves. This creates a secure, offline communication channel for proximity-based authentication and data transfer, eliminating the need for hardware-dependent solutions like NFC or QR codes. Trillbit operates on a SaaS business model, charging clients a recurring fee based on device usage or per authentication, which provides a scalable revenue stream. Its target market is broad, encompassing IoT device manufacturers, fintech companies, and enterprises seeking to enhance security and user experience in areas like device setup, multi-factor authentication, and contactless payments.

Trillbit has developed two main product lines: "Trill IoT" for simplifying the setup and provisioning of headless IoT devices, and "SoundAuth," a FIDO-compliant passkey solution for passwordless login. The SoundAuth product leverages the FIDO passkey standard, supported by major tech companies, to provide a phishing-resistant authentication method using cryptographic keys stored on a user's device. This directly addresses the significant security vulnerabilities associated with traditional passwords. The company has secured over $3.12 million in funding across several seed rounds, with notable investors including Refex Capital, Good Growth Capital, Western Union, and Cisco. This capital is being used to fuel business development in the U.S. and other international markets, with a strategic focus on the expanding voice commerce and IoT security sectors.

Keywords: Data-over-Sound, passwordless authentication, FIDO Alliance, passkeys, IoT security, device provisioning, contactless payments, acoustic communication, ultrasonic data transmission, multi-factor authentication, proximity authentication, secure device setup, SaaS, fintech security, offline communication, Trill IoT, SoundAuth, Bhaskar Deo, Mrigesh Parashar, Shashikant Burnwal