Identity verification platform Trulioo nets $6 mln in Series A round
Identity verification platform Trulioo Inc has received US$6 million in a Series A financing round. The deal was led by U.S.-based Tenfore Holdings, with the participation of Canadian investor BDC Venture Capital and Blumberg Capital. Tenfore's Dan Levine has joined the company's board of directors. The latest round, which will be used to accelerate growth into developing and emerging markets where traditional identity verification products are largely unavailable, brings Trulioo's total funding so far to over US$8.3 million. The Vancouver-based startup recently announced that it had surpassed 100 million cyber identities scored, mostly in North America and Europe.
12 March 2014•4 mins read
