Telesign Raises Funding from Telstra

Los Angeles-based mobile security and authentication provider Telesign has raised some funding from Australian telecom provider Telstra, Telstra said last night, as part of an expansion by TeleSign into the Asia Pacific Region. Financial terms of the investment were not disclosed. TeleSign recently announced a $40M investment round. TeleSign--which is led by technology veteran Steve Jillings--helps a large number of brand name, Internet service providers secure their e-commerce and Internet services against fraud and other issues, by using phone verification and similar techniques to weed out suspicious users.