• FOUNDING YEAR: 2011
    LOCATION:
    United States
    REGION:
    MA
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Multi-factor authentication using behavior biometric technology. Authentication and Malware Detection solutions for e-commerce, payments, banks & finance institutions. Its platform can address a wide range of threats at login and beyond by identifying malware, robotic activity, social engineering (phishing, etc.) and other cyber threats.
MAIN CLIENTS:
Banks, Payments, Ecommerce firms.
EXISTING PARTNERSHIPS:
Early Warning - provide fraud prevention services for FI's
COMMENT
Behavioral Biometrics makes online businesses safe and more readily available. With less fraud and less user friction, organizations can feel confident that they are providing their customers with increased security and a positive user experience. BioCatch protects over 33 Million global banking customers from online fraud. Additionally, BioCatch monitors over one billion transactions per month to detect behavioral anomalies.

PEOPLE

FOUNDERS:
Benny Rosenbaum, Avi Turgeman
NUMBER OF EMPLOYEES:
11-50

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$48.1 Millions
DATE OF LAST FUNDING:
Mar 2018
TOTAL FUNDING COMMENT:
The company is planning use the fund to redefining its digital identity and to enabling renewed trust in online interactions (March 2018).
SEED & PRIOR FUNDING:
$1.6 Millions
SEED CLOSED ON:
Sep 2013
FUNDING SERIES:
SERIES A
$16.5 Millions Closed: Jun 2014
SERIES B
$30 Millions Closed: Mar 2018
LISTED:
NO

LATEST RESEARCH