Security Startup BioCatch Closes $30M Funding Round for ‘Behavioral Biometrics’

Article published by: https://www.sdxcentral.com/
Author: Jessica Lyons Hardcastle
Source URL: https://www.sdxcentral.com/articles/news/security-startup-biocatch-closes-30m-funding-round-behavioral-biometrics/2018/03/

Security startup BioCatch closed a $30 million financing round, bringing its total funding to $47 million. Maverick Ventures led the latest round with additional participation from American Express Ventures, NexStar Partners, Kreos Capital, CreditEase, OurCrowd, Janvest Capital, and other existing investors.

BioCatch CEO Howard Edelstein said the company will use the funding to expand into new markets and support new use cases. “Basically everything that is needed to scale and deliver on the promise of the company,” he wrote in an email.

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