Security Startup Averon Closes $8.3 Million

Averon completed $8.3 million in Series A financing led by Avalon Ventures.

Averon is the developer of the Direct Autonomous Authentication (DAA) mobile identity solution platform, which integrates with all mobile devices without the need to download any apps. Its secure identity authentication protects digital locks for home, auto and tech, so users don’t have to worry about losing control of digital “keys.” Averon also helps users prevent fraudulent activity with instant form-filling for ecommerce purchases.

The financing will accelerate Averon’s rollout strategy, including banking and ecommerce, fraud prevention, smart vehicles and homes, blockchain, and iOT devices.