My1login Targets Lastpass With Easier Password Service, Raises $1M

Last year universal password browser extension Last Pass was the target of an alleged hacking attempt and ended up having to ask users to... change their passwords. While Lastpass relies on a browser plug-in to do its work, it competes with Roboform which uses software and a USB key. Now a new company aims to take these guys on but without any hardware or software installation and no browser plug-ins needed (which will become a problem since IE10 within Windows 8 (Metro) will not support plug-ins). my1login can sign users into their sites with one click, without the need for any 3rd party site integration. iPhone, iPad and Android apps are also in the pipeline. It's now raised $1 million in funding for the service which launched at the beginning of last month, based out of a former autopsy room within the University of Glasgow.

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