SecuredTouch Inc.

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SecuredTouch Inc. - overview

Established

2014

Location

Ramat Gan, -, Israel

Primary Industry

Software

About

SecuredTouch Inc. specializes in advanced identity and authentication solutions, offering proactive measures against account takeovers and fraud through innovative technology and analytics. Founded in 2014 and headquartered in Ramat Gan, Israel, SecuredTouch Inc. focuses on providing security solutions that enhance user authentication processes.


The company was acquired by Ping Identity Corporation in June 2021, previously funded by investors including Eshbol Ventures and Wellborn Ventures. SecuredTouch secured a total of USD 8. 00 mn in funding through a SERIES A round led by Arvato AG, which reflects its strategic growth in the identity management sector. SecuredTouch Inc.


offers PingOne Protect, a sophisticated solution aimed at preventing account takeover and fraud. It employs risk evaluation and real-time analytics to assess attack vectors and assigns risk scores that influence authentication methods. The service utilizes predictors like bot detection and user behavior analysis to enhance security for clients in sectors such as finance and healthcare, deployed across North America, Europe, and Asia. The company's revenue model is subscription-based, engaging clients in annual contracts for access to its identity and access management solutions.


This model caters to a diverse clientele, from small businesses to large corporations, enabling them to enhance their security frameworks against identity fraud. Following its acquisition by Ping Identity Corporation, SecuredTouch Inc. aims to accelerate the development of cloud-based intelligent identity solutions. The recent funding of USD 8.


00 mn from the SERIES A round will support these initiatives, focusing on combating malicious activities including bot attacks and account takeovers. The company plans to expand its market reach by enhancing product offerings and exploring new geographic regions to solidify its presence in the security technology landscape.


Current Investors

UpWest , Wellborn Ventures, Eshbol Ventures

Primary Industry

Software

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software, Analytics & Performance Software

Website

www.securedtouch.com

Verticals

Big Data, Blockchain, Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

SecuredTouch Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedSecuredTouch Inc.-
Series ACompletedSecuredTouch Inc.-
Series ACompletedSecuredTouch Inc.-
SeedCompletedSecuredTouch Inc.-

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