AI enhanced ID Verification, eKYC service Provider Jumio reports 150% revenue growth in Q2 2021

Jumio

Jumio, an established provider of AI-enhanced end-to-end identity verification and eKYC services, reveals that its sales and revenue increased more than 150% during Q2 2021 when compared to Q2 2020. The growth has reportedly been fueled by “an ongoing need for modern enterprises to know and trust that their online users are who they claim to be.” As noted in a release shared with CI, this is “evidenced by the large growth seen in financial services, mobile delivery services and social platforms verifying everyone from customers to employees to influencers.”

Read More

Noname Security closes $60M Series B to eliminate API flaws

noname

Enterprise API security startup Noname Security has raised a $60 million Series B funding round, just six months after closing $25 million at Series A. The round was led by Insight Partners with Next47, Forgepoint, and The Syndicate Group (TSG) also participating, and brings Noname’s total funding to $85 million since emerging from stealth in December 2020.

Read More