Provider of online identity management software. The company develops image-recognition technology for mobile phones designed to reduce businesses fraud and increase revenue.
Profitable
Privately Held (backing)
Private Equity-Backed
The company received $15 million of development capital from Centana Growth Partners and Millennium Technology Value Partners on August 30, 2016. The investment will enable Jumio to extend its leadership position in the digital ID verification space, aggressively expand its sales and marketing efforts, and accelerate product development and international expansion. Previously, the company was acquired by Centana Growth Partners through a $900,000 LBO on May 9, 2016.
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