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Tuesday, 5 January 2016

Maine entrepreneur’s latest venture: Making the Internet safer for everyone

Source: www.centralmaine.com --- Monday, January 04, 2016
While growing up in the Country Gardens neighborhood of South Portland, Chris Coyne enjoyed the outdoors like most boys raised in Maine. But in 1983 his father brought home an Apple II computer. That boxy pioneer of a desktop computer sparked within Coyne a passion for technology and computers that has led to the launch of three successful tech companies, including OkCupid, which he and his partners sold to competitor Match.com for $50 million in January 2011. Now the 38-year-old serial entrepreneur is tackling a very different problem than trying to find a date: How to make the Internet safer for everybody. Coyne and longtime collaborator Max Krohn – whom he met 20 years ago when they were freshmen at Harvard – have launched a company called Keybase . Its mission is to bring encryption technology to the masses using a concept called “public-key cryptography.” Up to now, only the most tech-savvy people with an interest in cybersecurity have been able to utilize this encryption technology. Coyne’s mission is to make it accessible to everyone, allowing users to send encrypted emails and better protect all forms of transactions people conduct on the Internet these days. This past summer Coyne, who splits his time between homes in New York City and Scarborough, and Krohn raised $10.8 million in a Series A investment round led by Andreessen Horowitz, one of the most well-known venture capital firms in Silicon Valley. In announcing the ...



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