Overstock verifies IdentityMind in $10m round

Feb 16, 2018 • Callum Cyrus

Digital identity network IdentityMind Global has completed an Overstock-backed series C round that will fund sales, marketing and global growth.

US-based identity verification platform developer IdentityMind Global closed a $10m series C round on Wednesday with contributions from investors including e-commerce firm Overstock.com.

Venture capital firm Benhamou Global Ventures and private equity fund manager Eastern Link Capital co-led the round, which included Hanna Ventures, Zanadu Capital Partners and all IdentityMind’s earlier investors.

IdentityMind operates a software platform that allows clients to scan a database of more than 200 million digital identities in order to carry out validation and anti-money laundering…

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