AuthenticID, a Seattle WA-based provider of Identity Proofing solutions, raised $100M in funding.
The round was led by Long Ridge Equity Partners.
The company intends to use the funds to continue expansion within telecommunications, financial services, government, and other consumer segments looking to establish trust and mitigate fraud, as well as to support the next generation of digital identity platforms.
Founded in 2001 by Blair Cohen, and led by CEO Jeff S. Jani, AuthenticID provides identity proofing solutions to enterprises, including large telecom carriers and financial institutions and digital identity platforms globally. Its document-centric identity verification is delivered via an automated identity proofing platform, producing accuracy rates and fast processing times.