Cambridge online banking authentication spin-out Cronto has been sold to data security firm VASCO for just under $22m. US-based VASCO acquired all of the Cronto stock in exchange for a cash settlement of €15m with a further earn-out of up to €2m. Cronto, founded in 2005 as a Cambridge spin-out, specialises in providing image-based transaction…
Cambridge’s Cronto sold for $22m
May 21, 2013 •
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