Recruit Strategic Partners has exited the identity management platform developer in a purchase by Ping Identity.
Identity management software provider Ping Identity has acquired ShoCard, the US-based creator of a blockchain-equipped identity verification platform, for an undisclosed amount providing an exit to corporate venturing backer Recruit.
ShoCard uses mobile devices as a personal identity vault, and through integration with the Ping Intelligent Identity Platform, which secures more than 2 billion accounts, will be able to share that information using facial or fingerprint biometrics.
Recruit Strategic Partners, the corporate venturing arm of human resources firm Recruit, was…