Rownd Inc

Purpose: the Purpose of This Grant Is to Research Multi-factor Authorization (MFA) and Passwordless Technologies.activities to Be Performed: the Recipient Plans to Complete a Cost-benefit Analysis of Its Research. Expected Outcomes: the Recipient Anticipates That the Results of Its Phase I Research Will to Lead to Advancements in Mfa and Passwordless Technologies. Intended Beneficiaries: Companies That Manufacture and Develop Software Applications That Use Password-based Authentication. Subrecipient Activities: the Recipient Plans to Subaward Funds to Conduct Analytical Cost Studies and Related Research.

Committed

$92,913

Paid to

Rownd Inc

UEI K5LLASNQNPG3

1 Glenwood, Raleigh, NC, 27603

Department of Commerce

National Institute of Standards and Technology

Place

RALEIGH, NC, UNITED STATES

NC-02

Performance

Oct 1, 2023 → Mar 31, 2024

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Commerce

National Institute of Standards and Technology

Science, Technology, Business and/or Education Outreach to

Rownd Inc

Committed

$92,913

Paid to

Rownd Inc

UEI K5LLASNQNPG3

1 Glenwood, Raleigh, NC, 27603

Department of Commerce

National Institute of Standards and Technology

Place

RALEIGH, NC, UNITED STATES

NC-02

Performance

Oct 1, 2023 → Mar 31, 2024

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗