Identiq Raised $47M in a Series A Funding Round
Identiq, a Tel Aviv-based company focusing on anonymous identity validation, has raised $47M in a new round of funding. The new funding will allow the company to add more members and improve its validation and quality. The company is headed by Itay Levy, CEO, and Uri Arad, VP of product and engineering.
Identiq raises $47 million in Series A funding round
Identiq is a Tel Aviv-based startup that builds a peer-to-peer identity validation network. The startup recently raised $47 million in a Series A funding round from Insight Partners and other investors. The money will be used to expand its network and add more members to its database.
Identiq is an Israeli fintech startup that has raised $47 million in a Series A funding round led by Insight Partners and Entree Capital. Other investors in the round include Amdocs and the Sony Innovation Fund by IGV. Identiq is building the largest identity validation network in the world that enables companies to validate sensitive information without exposing it to the general public. The company’s hyper growth has been fueled by major consumer-focused organizations.
Itay Levy is CEO
The Israeli cybersecurity industry continues to impress the world with its capabilities and global demand. One example of a successful Israeli cyber startup is Identiq, which developed an anonymous identity validation network and completed a $47 million series A round, one of the largest series A rounds for an Israeli tech company. In addition to Identiq, three other Israeli cyber startups are poised to become unicorns.
The new investment comes as the company continues to build its identity validation network. The new funding will help Identifyiq add more members to its network and improve the quality and coverage of identity validation.
Uri Arad is VP Product
Identiq is a Tel Aviv-based startup that provides anonymous identity validation. The startup recently raised $47M in a Series A funding round. The funds will be used to expand its network of members and improve identity validation.
Previously, Uri Arad served as the Head of Analytics and Research at PayPal’s risk department. He has extensive experience in analyzing business needs and understanding technology. Uri holds a Master’s degree in Computer Science from Tel Aviv University.
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