Raven Ventures
Suite 5, 7 Ridge Street, North Sydney, NSW, 2060, Australia
Overview
Raven Ventures Australia is a global seed and early stage venture capital firm They are a venture firm but they certainly don’t act like one. They take a unique approach and strive to fill the funding and operational gaps of traditional venture firms. They are a global seed and early stage venture firm that strives to deliver outsized returns to their investors through investing in visionary entrepreneurs. Their sweet spot is early stage startups, generally the first venture round, with a focus on consumer internet, mobile, security, infrastructure and software and service investments. They will typically invest as little as $100,000 to partner closely with a founder at the seed stage or as much as $10,000,000 to help an emerging winner establish category leadership. From first-time founders to seasoned entrepreneurs, they support passionate individuals who aim to transform important markets or create entirely new ones.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- FinTech
- Venture Capital
Investment portfolio
- Nok Nok Labs
Participated · Series C · Aug 2015
Nok Nok Labs delivers client and server authentication software (the Nok Nok S3 Authentication Suite) that leverages built-in device capabilities such as fingerprint sensors, cameras and secure silicon to provide FIDO-certified, strong authentication for mobile and web applications. The company supports a wide range of authentication technologies from a unified platform and lists customers and partners including AliPay, Lenovo, NTT DOCOMO, PayPal and Samsung. Nok Nok positions itself as a leader in commercial FIDO deployments and emphasizes user-friendly, standards-based security and privacy. With the new funding, NNL plans to accelerate deployment of its strong authentication solutions across private and public markets, particularly government, public safety and first responder agencies. The company also intends to expand its channel infrastructure to support growing partner demand. Financially, the company announced a Series D financing in which existing investors participated. Nok Nok Labs provides client and server software that leverages built-in device security (fingerprint sensors, cameras, TPMs) to deliver strong, user-friendly authentication to applications. Launched in 2011 by Ramesh Kesanupalli, the company is a founding member of the FIDO Alliance and lists customers and partners including NTT DOCOMO, PayPal, AliPay, Samsung and Lenovo. Its core product enables applications to use existing device capabilities for authentication rather than relying solely on passwords. The company completed the second and final closing of $8.0M in its Series C, bringing total Series C proceeds to $16.25M. Nok Nok intends to use the funds to expand sales, support and channel infrastructure, pursue global opportunities mainly in the Asia Pacific region, and continue technology innovation around and beyond the FIDO specifications. Nok Nok Labs delivers client and server software that leverages built-in device security such as fingerprint sensors, cameras and Trusted Platform Modules (TPMs) to provide user-friendly authentication to applications. The company was launched in 2011 and is led by president and CEO Phillip Dunkelberger. Nok Nok announced support for the FIDO 1.0 specifications with a new version of its NNL S3 Authentication Suite, offering standards-based authentication for customers and partners. The firm intends to use the Series C proceeds to expand the business in the Asia Pacific region, add support capabilities, and partner with key regional strategic investors. Financially, the company reported an $8.25M Series C and has now raised $40M in total capital. Nok Nok Labs develops client and server authentication software that uses existing device security capabilities—built-in fingerprint sensors, cameras and Trusted Platform Modules—to provide authentication to applications. Its NNL™ S3 authentication suite is a centralized platform that enables use of a broad range of FIDO-Ready devices. The company is led by President and CEO Phillip Dunkelberger and founder Ramesh Kesanupalli. Nok Nok plans to use new funding to accelerate development and broaden the reach of the NNL S3 suite, expand sales, business development and marketing, and continue signing partnerships. The company has raised a total of $31.5M to date. Nok Nok Labs develops a Unified Authentication Infrastructure that leverages fingerprint sensors, webcams, Trusted Platform Module (TPM) chips, and voice biometrics to enable organizations to authenticate users across devices and locations. The platform integrates existing hardware and biometric capabilities to allow organizations to authenticate to anyone, anywhere and to any device. The company was founded in November 2011 and is led by CEO Phil Dunkelberger. Nok Nok is based in Palo Alto, California. In December 2013 the company raised $15m in funding to support its efforts. Its advisory board includes security and industry veterans such as Steve Babbage, Bob Lentz, Dr. Larry Ponemon, Nils Puhlmann, Jim Reavis, and Al Sisto.
Team
No current team members are available.