Veridium develops a software-only biometrics platform (VeridiumID) and mobile SDK that enables enterprises to replace passwords, tokens, OTPs and swipe cards with face, fingerprint, behavioral biometrics and its patented 4 Fingers TouchlessID. Its product set includes enterprise-ready connectors (Active Directory, Microsoft Azure, Citrix StoreFront, NetScaler, ShareFile and Cloud Services, RADIUS, SAML, OpenID and WSO2) and the Veridium Authenticator mobile app available on the Apple App Store and Google Play. The company says it has customers across the globe, including several large financial services organizations and a multinational Swiss bank that selected Veridium to replace passwords, tokens and swipe cards. The press release is datelined Quincy, Mass., and the company also states it has offices in the U.S., U.K. and Romania. Veridium plans to use the funding to accelerate product development, drive innovation across its authentication platform, and scale sales and marketing across the Americas, Europe and Asia. Executives state the platform increases security and convenience while reducing fraud and total cost of ownership versus traditional multi-factor authentication solutions.

Total raised

$17M

Funding rounds

1

Latest round

Series B

Latest activity

Jun 2018