Tuesday, March 6, 2012

Jumio Lands $25.5M

Mountain View-based Jumio, a developer of online payments and identification products, said today that it has raised $25.5M in a Series B funding. The round was led by Andreessen Horowitz, as well as Facebook co-founder Eduardo Saverin, TIBCO Software, and Peng T. Ong of Match.com/Interwomen/Encentuate. The firm said the company has now raised $32M to date. The new funding comes along with the launch of a new product, Netverify, which uses a users' web camera to verify a customer's identity in real time using their driver's license or other identification. Jumio was founded by Daniel Mattes. More information »