This is the best summary I could come up with:

I Own My Data (IOMD) is a startup aiming to eliminate the tedious step for consumers, so not only do you not have to create a password, or deal with Captcha, you also don’t get bombarded with follow-up promotional email or text communications.

Rather than people having to enter and re-enter personal information on countless sites, I Own My Data says it lets consumers manage, retrieve and save all of their online interactions, purchases and profiles only on their devices.

Founder and CEO Rohan Mahadevan said he started the company last year after growing frustrated with his own experience as a consumer of having to re-verify and validate who he was, and creating new accounts with every site.

“Node is the safest, fastest and most convenient way to transact online because it requires no central servers and consumer data doesn’t need to be stored anywhere else,” said Mahadevan, who spent 15 years at PayPal in a variety of senior roles, including SVP of its international division.

With Node, all of a user’s private information such as past purchases, cards, addresses and preferences are stored on their own device, so transactions can be completed instantly with one click, tap or touch, anywhere on the web, he said.

Node is emerging from stealth today, having raised $2.75 million in a seed funding round led by Neotribe Ventures, and including participation from executives and founders from companies such as Bill Me Later, Boku, Citicards, Facebook, Magento, Meta and PayPal.

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