TrustID Obtains $7,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1fe44353-94f6-4773-a3dc-0682d43eb059&Preview=1 -
Date
2/14/2013 -
Company Name
TrustID -
Mailing Address
15350 SW Sequoia Parkway Portland, OR 97224 -
Company Description
Founded in 2007, TrustID helps financial institutions and other enterprises conducting telephone-based commerce to authenticate callers with physical “something you have” authentication while combating the growing threat of phone hacking and Caller ID and ANI Spoofing. The first technology to address telephone originated social engineering security breaches, TrustID’s patent-pending physical caller validation solution accelerates the authentication process to pre-answer, validating ID with physical information without sole reliance on knowledge based authentication “something you know” and the risky handling of personally identifiable information (PII.) -
Website
http://www.trustid.com -
Transaction Type
Venture Equity -
Transaction Amount
$7,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. -
M&A Terms
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Venture Investor
Undisclosed
