Existing investor Santander InnoVentures returned for the identity verification technology developer's $13.9m series B round, closed eight months after its series A.
US-based identity verification technology developer Socure completed a $13.9m series B round yesterday that included financial services firm Santander’s strategic investment arm, Santander InnoVentures.
The round was led by venture capital firm Commerce Ventures and also featured VC funds Flint Capital and Work-Bench as well as Two Sigma Ventures, the VC arm of hedge fund Two Sigma Investments. It took Socure’s total equity funding to $27.5m, the company said.
Socure has built a predictive analytics platform that combines artificial intelligence…