Tech Company Financing Transactions
iProov Funding Round
iProov, operating out of Catonsville, raised $70 million from Sumeru Equity Partners.
Transaction Overview
Company Name
Announced On
1/8/2022
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Sumeru Equity Partners (Kyle Ryland)
Proceeds Purpose
It plans to use capital specifically to continue building out its present in the U.S. and other international markets where it's already started to get a foothold.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Research Pk. Dr.
Catonsville, MD 21228
USA
Catonsville, MD 21228
USA
Phone
Website
Email Address
Overview
iProov is a fast-growing global technology provider and the world leader in delivering Genuine Presence Assurance to organizations around the world. Genuine Presence Assurance is the only way to verify that an online user is the right person, a real person, and, critically, that they are authenticating right now -- not an imposter or a criminal gang or a machine-driven cyber-attack.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Bud
Chief Financial Officer
Richard Swindells
Chief Scientific Officer
Andrew Newell
Chief Technical Officer
Dominic Forrest
President
Joseph Palmer
VP - Bus. Development
Matthew Pearch
VP - Product Management
Aarti Samani
VP - Sales
Simon Williamson
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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