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IT

Socure closes new round of funding, with participation from major banks

Monday 31 August 2020 | 13:54 CET | News
Day Zero identity verification specialist Socure said it raised USD 35 million in a new round led by Sorenson Ventures with participation from existing investors Commerce Ventures, Scale Venture Partners, and Flint Capital. The round also included new strategic investor participation from Citi Ventures, Wells Fargo Strategic Capital, and MVB Financial Corp. This brings Socure's total funding to USD 96 million. The funds will be used to support Socure's growth, enhance its machine learning functionalities, and further its mission to eliminate identity fraud and become the most trusted source

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Categories: IT
Companies: Socure
Countries: World
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