Callsign has closed a $35 million Series A funding round, led by Accel and early stage investor PTB Ventures, for a deep learning-based authentication platform which provides adaptive access control for enterprises, according to a report by Techcrunch. Founded in 2012, the company’s Intelligence Driven Authentication (IDA) platform is able to verify the authorized owner of the device from a swipe on the touchscreen. Other investors that participated in the funding round include Allegis Capital and David DeWalt’s NightDragon Security.
Callsign Inc. has integrated its Intelligence Driven Authentication (IDA) technology with the ForgeRock identity platform, which will enable the enterprises to deliver authentication capabilities to devices and individuals in new ways. The combined authentication and identity management solution will benefit enterprises in banking, retail, media, utilities, Internet of Things (IoT) and healthcare. The initial integration is available across ForgeRock Identity Platform’s access management and identity management modules, enabling strong, contextual authentication for individuals and devices. “Our Intelligence Driven Authentication technology
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Fintech and biometrics Deutsche Bank is working with Callsign to trial a mobile antifraud solution which builds a profile of a user. The technology takes into account how the phone is held, its physical location, facial recognition and thumbprint analysis. The bank hopes the new security solution will eliminate the need for customer passwords and plans to extend it to 10,000 members
Deutsche Bank is working with Callsign to trial an antifraud solution that analyses about 50 different factors to build a profile of a user. The technology takes into account how the phone is held, its physical location, facial recognition and thumbprint analysis. The bank hopes the new security solution will eliminate the need for customer passwords and allow it to lift limits on mobile transactions. Deutsche’s regional innovation manager Nick Doddy said that the system can adjust to even measure
Callsign is moving onto Binghamton University campus’ Engineering and Science Building under the Start-Up NY program,, according to a report by FOX 40 WICZ. The new offices of Callsign — which provides biometrics-based authentication solutions — are expected to create more jobs than Callsign initially promised the state of New York. Callsign said that the university’s research into biometrics and other fields made the campus an ideal location for the company. “We came up here a few months back and