IdentityMind Global Status
The company raised $10 million of Series C venture funding in a deal led by Benhamou Global Ventures and Eastern Link Capital on March 15, 2018, putting the company's pre-money valuation of $63.6 million. Hanna Ventures, Overstock.com, Zanadu Capital Partners, Ideavelopers, Lakewood & Company, Avigo Capital, Fort Ross Ventures, Prestige, Anacapa Partners and other undisclosed investors also participated in the round. The funds will be used to drive expansion within international markets (Asia, Latin America and Europe), sales, marketing and the company's new business unit specifically dedicated to providing know your customer (KYC) and anti-money laundering (AML) solutions to address the regulatory and compliance requirements of the rapidly growing Initial Coin Offering (ICO) and cryptocurrency markets. Cybernaut Zfounder Ventures also participated in this round.