Tech Company Financing Transactions
Verid Funding Round
Volition Capital participated in a $13.2 million venture round for Verid. The round was announced on 9/12/2005.
Transaction Overview
Company Name
Announced On
9/12/2005
Transaction Type
Venture Equity
Amount
$13,200,000
Round
Undisclosed
Investors
Volition Capital (Lead Investor) (Larry Cheng)
Proceeds Purpose
The proceeds from this offering are to be used to further expand Verid's Knowledge Based Authentication (KBA) solution.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
1550 Sawgrass Corporate Parkway
Ft. Lauderdale, FL 33323
USA
Ft. Lauderdale, FL 33323
USA
Phone
Website
Email Address
Not Recorded
Overview
Verid is a leader in real-time identity verification services specializing in Knowledge Based Authentication. Verid's service protects businesses from identity fraud without compromising consumer privacy or convenience. Verid's unique KBA process verifies the identity of an individual in a matter of seconds through an intelligent and highly flexible question and answer process.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Watson
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We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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