IdentityMind Global, a Palo Alto, CA-based provider of a digital identity platform, closed a $10m Series C round of financing.
The round was co-led by Benhamou Global Ventures and Eastern Link Capital and included Hanna Ventures, Overstock.com, and Zanadu Capital Partners.
Led by Garrett Gafke, President and CEO, IdentityMind provides a SaaS RegTech platform that builds, maintains and analyzes digital identities worldwide, allowing companies to perform identity proofing, risk-based authentication, regulatory identification, and to detect and prevent identity fraud.
The new funds will be used to drive expansion within international markets (Asia, Latin America and Europe), sales, marketing, and the company’s new business unit specifically dedicated to providing know your customer (KYC) and anti-money laundering (AML) solutions to address the regulatory and compliance requirements of the Initial Coin Offering (ICO) and cryptocurrency markets.
FinSMEs
16/02/2018