InAuth, a Venice CA-based provider of mobile fraud prevention and mobile application security, raised $20m Series A funding.
The round was led by Bain Capital Ventures. In conjunction with the funding, BCV managing director Ben Nye will join the InAuth board.
The company intends to use the funds for global expansion, as well as entry into new verticals.
Founded in 2011 and led by CEO Lisa Stanton, InAuth provides tech solutions for businesses to protect their users and prevent fraud by embedding them into their apps to secure both data and financial transactions from malicious actors. Customers include large global banks, payment processors, e-commerce merchants, and health insurance companies.
The company has offices in Los Angeles, Boston, and London.