Congratulations to our portfolio company SecuredTouch on raising $3.5M in Series A financing! Co-founded by Yair Finzi, CEO, and Ran Shulkind, CTO, the mobile security company develops behavior-based identification solutions.
SecuredTouch analyzes a series of parameters characterizing each customer for identification purposes. When a hostile party attempts to use the phone to commit fraud, the company recognizes that they are not the device’s owner and foils this impersonation. SecuredTouch‘s product is in the process of being installed at a number of large banks around the world.
The investment was led by the RDC Fund and with participation from Eshbol Ventures, Wellborn Ventures, and Swarth Group.
We are excited to have been part of their journey since Day 1, and are looking forward to continue working together in the future. Congratulations to the team! You can read more here.