UnifyID, a San Francisco, CA-based developer of an implicit authentication platform that requires zero conscious user actions, closed $20m a Series A financing.
The round was led by New Enterprise Associates. In conjunction with the funding, NEA’s General Partners Scott Sandell and Forest Baskett will be joining UnifyID’s Board. Previous backers included Andreessen Horowitz, Stanford-StartX, and Accomplice Ventures.
The company, which has raised $23.4m in total, intends to use the funds to grow the team to expand enterprise trials, accelerate research and maintain its position as the leader in implicit authentication and behavioral biometrics.
Led by founder John Whaley, UnifyID has developed an implicit authentication platform designed for online and physical world use, which utilizes sensor data from everyday devices and machine learning to authenticate people based on unique factors like the way they walk, type, and sit.
The company has also partnered with global corporations to assess generalizability of their software across industries.