Stytch, which is building APIs for passwordless authentication, raises a $90M Series B at a $1B valuation led by Coatue, following a $30M Series A in July (Paul Sawers/VentureBeat)

Paul Sawers / VentureBeat:
Stytch, which is building APIs for passwordless authentication, raises a $90M Series B at a $1B valuation led by Coatue, following a $30M Series A in July  —  Compromised passwords are responsible for some 80% of all data breaches, according to some estimations, leading to a mass industry-wide push …