Bringing great ideas to market is often the result of great teamwork. Developing and marketing new software is expensive business today and most often requires injections of outside capital. As a result, web services providers such as Fundica, which carefully match and bring funders and entrepreneurs together, are key to the successful launching of new IT products and services.

Fundica plays an important role in the success of technology startups when looking for grants, tax credits, and government loans. Such was the case with Password Box, a great idea developed by serial entrepreneur Daniel Robichaud and his Canadian password security firm, Password Box. In the early stages of development, Fundica identified funding programs for PasswordBox and helped them secure a $335,000 start-up grant from MESRST, formerly known as MDEIE, through the Programme d’appui à l’innovation (PAI).

What makes PasswordBox stand out from similar services? Ease of use is certainly one of its advantages—it allows people to securely store, retrieve, and share all their passwords anytime, anywhere, and from any device. A special feature called “Legacy Vault” enables customers to store their most important passwords and make them available to a person or persons they trust in the case of something happening to them. Not only does PasswordBox auto-fill password gateways and user data forms on sites, but it also boasts a strong password generator that lets users create robust passwords which would take hackers centuries to break. While alternative password managers tested did not work on a significant number of sites, PasswordBox’s advanced machine learning technology enables it to support over 96% of all sites worldwide.

Available as an add-on or extension for browsers IE, Firefox, Chrome, and Safari, or as a mobile app for iOS and Android, PasswordBox is easy to install and convenient to use. For your peace of mind, it uses military-grade, AES 256-bit encryption, and your master password never leaves your computer. Security is enhanced by having all passwords encrypted and decrypted on your personal computer, and when shared or bequeathed, the actual passwords are not revealed. One master password opens PasswordBox on your device and gives you one-tap access to all your stored sites avoiding the need to remember a multitude of logon names and passwords. Due to frequent cyber-attacks on popular sites, which compromise millions of passwords, as well as the weakness of most user-generated passwords, PasswordBox satisfies a real and urgent need.

PasswordBox is free for up to 25 passwords, and costs $1 per month if you wish to store additional passwords. The company has an excellent idea for attracting new users—spread the word to friends and associates, and PasswordBox will reward you with unlimited storage capacity.

Are you curious about how Robichaud came up with the idea for PasswordBox? Check out the Forbes write-up. A detailed description of key features is also available on Market Wire, and you can get your free download at PasswordBox.