Leading technology website, TechCrunch, featured OurCrowd portfolio company BioCatch. The company has developed a novel form of authentication used by online businesses to continuously guarantee users are who they say they are, by analyzing their behavioral and cognitive responses.
Today the company is announcing it’s closed a $10 million Series A round led by OurCrowd, and Blumberg Capital. The new capital will be used to expand Tel Aviv-based BioCatch’s R&D efforts and push for growth in its key markets, including North America, Europe and Brazil.
BioCatch “collects and analyses over 400 bio-behavioral, cognitive and physiological parameters” to create unique user profiles for visitors to banking and e-commerce sites.
BioCatch raised $3,334,500 from OurCrowd investors in February 2014.
Read more on TechCrunch here.
