Finsphere Corporation, a Bellevue, Washington-based provider of identity analytics, raised $11.3m in funding.
The round was led by Vodafone Ventures, the corporate venture capital arm of Vodafone Group, with participation from Also existing investors Mohr Davidow Ventures, Shasta Ventures, and Frazier Technology Ventures.
The company intends to use the funds to expand its patented Identity Security Services platform and grow its strategic partnerships with wireless carriers and targeted key industry players.
Founded in 2007 and led by CEO Mike Buhrmann, Finsphere utilizes sophisticated analytics to provide a platform for the development of non-intrusive, privacy enhancing services to protect individuals and data across all industry segments.
In conjunction with the funding, Tobin Ireland, Group Director of Commercial Development at Vodafone, joins the Finsphere Board of Directors.
FinSMEs
24/01/2012