BlockScore, a Menlo Park, CA-based maker of identity-verification and anti-fraud technology for online businesses, raised $2m in seed financing.
Backers included Battery Ventures, Khosla Ventures, Lightspeed Venture Partners, New Atlantic Ventures, Boost VC, Y Combinator and several angels.
The company intends to use the funds for product development and sales expansion.
Founded in 2013 by Alain Meier, John Backus and Christopher Morton, BlockScore provides API-level access to verify users’ identity information across several public and private databases and criminal watch lists in industries including marketplaces, financial instructions, Bitcoin, and sharing economies.
The service can be implemented in a day with no upfront fees.
The company is hiring.
FinSMEs
26/06/2014