Transmit Security, Inc.
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Transmit Security, Inc. - overview
Established
2014
Location
Boston, MA, US
Primary Industry
IT Security/Cybersecurity
About
Founded in 2014 and based in Israel, Transmit Security Ltd. is a software company that develops and provides identity security solutions. CEO Mr. Mickey Boodaei and Mr.
Rakesh Loonkar co-founded the company. In June 2021, Insight Partners and General Atlantic co-led the series A funding with a USD 2. 2 billion post-money valuation. The company's development team provides a SaaS (software-as-a-service)-based identity security platform that helps enterprises detect fraud and implement passwordless biometric authentication techniques such as fingerprint, face, eye, and voice recognition.
The company's software products include BindID, FlexID, and WorkID. Transmit Security Ltd. generates revenue by offering subscription-based passwordless identity and risk management software solutions to financial organizations, merchants, and online service providers. The June 2021 funding will help Transmit Security Ltd.
increase its primary business functions and invest in key global areas.
Current Investors
General Atlantic, Insight Partners, Vintage Investment Partners
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Monitoring & Security Software
Website
www.transmitsecurity.com
Verticals
Artificial Intelligence, Blockchain, Cloud Computing
Company Stage
Series A
Total Amount Raised
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