Jumio Lands $15,000,000 New Financing Round

  • Feed Type
  • Date
    8/31/2016
  • Company Name
    Jumio
  • Mailing Address
    1971 Landings Dr. Mountain View, CA 94043 USA
  • Company Description
    Jumio delivers the next-generation in digital ID verification, enabling businesses to reduce fraud and increase revenue while providing a fast, seamless customer experience. Jumio uses computer vision technology to verify credentials issued by over 200 countries in real time web and mobile transactions.
  • Website
    http://www.jumio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will enable Jumio to extend its leadership position in the digital ID verification space, aggressively expand its sales and marketing efforts, and accelerate product development and international expansion.
  • M&A Terms
  • Venture Investor
    Centana Growth Partners
  • Venture Investor
    Millennium Technology Value Partners