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Identiq, a privacy-friendly fraud prevention startup, secures $47M at Series A – TechCrunch

Identiq, a privacy-friendly fraud prevention startup, secures $47M at Series A Israeli fraud prevention startup Identiq has raised $47 million at Series A as the company eyes international growth, driven in large part by the spike in online spending during the pandemic. The round was led by Insight Partners and Entrée Capital, with participation from Amdocs, Sony Innovation Fund by IGV, as well as existing investors Vertex Ventures Israel, Oryzn Capital and Slow Ventures. Fraud prevention is big business, which is slated to be worth $145 billion by 2026, ballooning by eightfold in size compared to 2018. But it’s a data-hungry industry, fraught with security and privacy risks, having to rely on sharing enormous sets of consumer data in order to learn who legitimate customers are in order to weed out the fraudsters.

Identiq raises USD 47 mln in Series A funding round

News Identiq raises USD 47 mln in Series A funding round Wednesday 3 March 2021 14:15 CET | News Israel-based anonymous identity validation network Identiq has announced that it has raised USD 47 million in a Series A funding round. The round was led by Insight Partners and Entrée Capital with additional participation from Amdocs, Sony Innovation Fund by IGV, and existing investors, including Vertex Ventures Israel, Oryzn Capital, and Slow Ventures. Identiq is building an identity validation network, enabling companies to jointly validate consumer identities, payment details, and other sensitive information without sharing or exposing any private data. Identiq’s proprietary technology, which compares a new user’s details against identities already trusted by other network members, aims to boost the level of data quality and accuracy provided to the industry.

Axonius - AlleyWatch

Axonius is the cybersecurity asset management platform that lets IT and Security teams see devices for what they are to manage & secure all. Founded by Avidor Bartov, Dean Sysman, and Ofri Shur in 2017, Axonius is backed by investors that include Bessemer Venture Partners, Emerge, Vertex Ventures, Vertex Ventures Israel, and YL Ventures. Axonius is headquartered in Tel Aviv.

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