TeleSign Secures $40,000,000 Series B Funding Round

  • Feed Type
  • Date
    5/1/2014
  • Company Name
    TeleSign
  • Mailing Address
    4136 Del Rey Avenue Marina del Rey, CA 90292 USA
  • Company Description
    TeleSign protects the world’s largest Internet and Cloud properties by establishing and verifying Mobile Identity. Digital businesses use TeleSign’s Mobile Identity platform to preserve their ecosystem by detecting a suspicious user before account creation, and to better protect their existing user base from account compromise.
  • Website
    http://www.telesign.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $40,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funding will primarily be used to invest in TeleSign’s global growth strategy, as well as financing an aggressive hiring strategy for the company’s product development and engineering teams.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor