![]() ^ "Transmit Security Raises $543 Million for Password-Free Future"."Biometrics, digital ID alliances joined by Princeton Identity, Idemia, ATB Ventures, Transmit Security | Biometric Update". ^ Mascellino, Aless (10 February 2021).^ "Transmit Security Joins FIDO Alliance Board - Transmit Security Blog".^ "2020 Technology Fast 500 Rankings" (PDF)."Opening new doors: Why IBM spent $1bn on security firm Trusteer". ![]() "The start-ups trying to kill the password". "Transmit Security Raises $543 Million, The Largest Series A Funding Round In Cybersecurity History". ^ "Cool Vendors in Identity and Access Management".^ "New comer Transmit Security wants to simplify biometric authentication".^ "Transmit Security launches BindID to replace passwords with biometric authentication".Additional offices are located in London, Berlin, Tokyo, Hong Kong, Madrid, Sao Paulo, and Mexico City. Its North American headquarters is in Boston, Massachusetts. Transmit Security’s main headquarters is located in Tel Aviv, Israel. ![]() In September 2021, Citi Ventures and Goldman Sachs Asset Management joined as investors. Primary investors included Insight Partners, and General Atlantic, with additional investment from Cyberstarts, Geodesic, SYN Ventures, Vintage and Artisanal Ventures. It was reported to be the largest Series A in cybersecurity history. In June 2021, Transmit Security completed its Series A funding round by raising $543 million from investors. In February 2021, Transmit Security joined the FIDO Alliance Board. In November 2020, Transmit Security ranked 5th on Deloitte's " North America Technology Fast 500", a list of the fastest-growing tech companies in North America. Boodaei and Loonkar previously founded Trusteer in 2006, which was acquired by IBM in 2013 for $1 billion. Transmit Security was co-founded in 2014 by Mickey Boodaei and Rakesh Loonkar. Transmit Security is a FIDO Alliance Board member. In June 2021, the company completed a Series A funding round by raising $543 million, which was reported to be the largest Series A in cybersecurity history. Founded by Mickey Boodaei and Rakesh Loonkar in 2014, Transmit Security provides companies with customer authentication, identity orchestration, and workforce identity management services. Administrators get precision control of business policies and risk management tools using a streamlined centralized management console with drag and drop simplicity.Transmit Security is a private cybersecurity and identity and access management company based in Tel Aviv, Israel and Boston, Massachusetts. ![]() Any combination of third-party or included authenticators including OTPs, soft tokens, and FIDO-certified biometrics are combined with real-time threat detection to quickly identify threats then automatically deploy security measures to stop them in their tracks. Whether logging into a workstation, a company-managed website, or a SaaS application using single sign-on, WorkID provides a consistent, hassle-free process that eliminates passwords for convenient, fast and secure access. WorkID is Transmit Security's risk-based, passwordless workforce identity and access management solution. Comprehensive user and device behavioral analytics is combined with available risk information to detect and mitigate suspicious activity at every step, in every system, and throughout every channel. Centralized policy management and third-party integration consolidates existing identity point solutions into a single pane of glass that simplifies programming, reduces management costs, and provides agility to keep pace with the latest technologies. ![]() Business policies, authenticators, fraud systems, and authorization tools can be updated and deployed without changing application code using low code journey editing tools. Organizations get an accurate and frictionless customer authenticator that is easy to deploy into any channel and doesn't require specialized applications.įlexID is a cross-channel identity orchestration platform that integrates and manages authentication, fraud detection, and access controls. Shared trust at the user, device, and network levels, allows other biometric-enabled devices such as laptops and tablets to be associated with accounts, provides secure device re-enrollment, and delivers up-to-date profile information across the entire BindID member network. With one-click to create new or sign into existing accounts, BindID eliminates passwords and the inconveniences of traditional credential-based logins. BindID is the industry's first app-less, strong portable authenticator that uses device-based biometrics for secure, convenient and consistent customer authentication. ![]()
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