Tech Company Financing Transactions
TeleSign Funding Round
TeleSign, based in Marina del Rey, secured $40 million from Adams Street Partners, March Capital Partners and Summit Partners.
Transaction Overview
Company Name
Announced On
5/1/2014
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will primarily be used to invest in TeleSign's global growth strategy, as well as financing an aggressive hiring strategy for the company's product development and engineering teams.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
4136 Del Rey Avenue
Marina del Rey, CA 90292
USA
Marina del Rey, CA 90292
USA
Phone
Website
Email Address
Overview
TeleSign protects the world's largest Internet and Cloud properties by establishing and verifying Mobile Identity. Digital businesses use TeleSign's Mobile Identity platform to preserve their ecosystem by detecting a suspicious user before account creation, and to better protect their existing user base from account compromise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aled Miles
Chief Financial Officer
Matt Hardy
Chief Technical Officer
Charles McColgan
VP - Client Services
Max Powers
VP - Operations
Terry Somers
VP - Product Management
Jess Leroy
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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