Veridium, a provider of strong authentication solutions using biometrics instead of passwords and tokens, closed a Series B funding round of $16.5 million led by UK entrepreneur and philanthropist Michael Spencer, with participation from Citrix Systems, Inc. and financial services executive and investor Michael Powell.
Blockchain-based secure digital identity company Trusted Key Solutions Inc., raised $3 million as part of a seed funding round led by Founders Co-Op, an early-stage venture fund, with participation from Pithia, Inc., the venture capital company of The RChain Cooperative. Trusted Key’s digital identity solution leverages
Averon announced today it has closed a $5 million Series A1 financing round led by Avalon Ventures and Salesforce founder and CEO Marc Benioff. The round follows Averon's Series A in October, 2017, which was also led by Avalon Ventures, and brings the full Series
Security company SecureAuth brought in $200 million in financing from K1 Investment Management and Toba Capital. SecureAuth™ IdP adaptive access control solution provides authentication security, single sign-on, and user self-service tools in a single platform, allowing strong identity security while minimizing disruption to the end
Smart Diploma is a blockchain anti-falsification solution for academic diplomas and certificates. This “digital contract” allows academic organizations to store their documents’ unique identifiers in its Ethereum blockchain to prove their existence. According to the company, its key advantages are anonymity, privacy, and decentralized proof
Security startup Trust Stamp closed a new round of financing from Second Century Ventures. Trust Stamp provides enterprises and consumers with biometric solutions, including 50 customizable authentication micro-services. Its facial biometrics seek to create a secure digital identity that can be augmented by proprietary data sources
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
Security startup Duo Security announced it has secured $70 million in Series D financing led by Meritech Capital Partners and Lead Edge Capital. Redpoint Ventures, True Ventures, Geodesic Capital, Index Ventures, and Workday also participated in the offering. A cloud-based access security provider that provides
According to a recent SEC filing, HyPR has raised $7.9 million in financing from an undisclosed investor. HYPR provides enterprises an end-to-end solution for deploying decentralized biometric authentication. The company's software is integrated into employee and customer-facing applications to deliver secure password-less experiences across all mobile, desktop
Acuant, a leading provider of data capture and authentication solutions, announced that it has acquired Ozone, a line of identity products, intellectual property (IP) and talent, from the Mount Airey Group, a provider of identity solutions used by federal organizations and agencies around the world.