UST Global makes strategic investment in VC-backed Trulioo

Trulioo Inc, an Internet identity verification company, has received an undisclosed strategic investment from U.S.-based IT services provider UST Global. As part of the deal, UST Global's managing director of global operations Saurabh Ranjan will join Trulioo's board of advisers. In March, the company raised US$6 million in a Series A financing round led by Tenfore Holdings and joined by BDC Capital and Blumberg Capital. Based in Vancouver, Trulioo said it has verified over 100 million online identities since its launch in 2011 and today serves more than 300 customers worldwide.

26 August 2014•3 mins read
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