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Biometric authentication company iProov raises $70M

6 January 2022

iProov, world leaders in secure biometric authentication technology, has raised $70 million in a round of funding from Silicon Valley growth fund Sumeru Equity Partners as demand for online identity verification soars.

iProov CEO, Andrew Bud, speaks to VentureBeat about the recent funding round and iProov’s flagship technology, Genuine Presence Assurance.

“As a result of the pandemic and the shift to remote engagement, an existing industry trend towards biometric verification has been accelerated, and the tipping point has been reached, creating a huge global appetite for a system which is both inclusive and highly secure.”

You can read the full article here.

 

 

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