M12 and Salesforce Ventures have returned for a $100m round for the identity verification technology provider, which is also backed by University of Oxford.
Onfido, a UK-based facial biometrics software developer backed by University of Oxford, collected $100m in funding yesterday from investors including technology firm Microsoft and cloud computing firm Salesforce, VentureBeat reported.
The round was led by TPG Growth, part of private equity group TPG, and also featured undisclosed additional backers. Salesforce and Microsoft took part through corporate venturing subsidiaries Salesforce Ventures and M12 respectively.
Onfido has developed facial biometrics technology that verifies a mobile device user’s identity. The software…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
