SecuredTouch

Company Overview

Snapshot

Founded in August 2014 by Yair Finzi and Ran Shulkind, SecuredTouch operated with 1–10 employees. The company raised $11.53M across 3 funding rounds from 7 investors. SecuredTouch was acquired by Ping Identity in June 2021.

Business overview

SecuredTouch developed behavioral biometrics for mobile transactions, offering continuous authentication technologies to enhance security and reduce fraud while improving the digital customer experience. The company's technology collected and analyzed over 100 dynamic behavioral parameters, such as keyboard typing, scroll velocity, touch pressure, and finger size, to create unique user behavioral profiles for continuous verification. Its mobile-optimized solutions required no enrollment, were easy to implement, and provided real-time alerts for suspicious activity from login to logout. SecuredTouch operated in the Cyber Security sector, serving markets such as Financial Services and Commerce & Retail.

Strategic signal

In June 2021, SecuredTouch was acquired by Ping Identity to accelerate identity fraud capabilities. This acquisition signals a strategic move by Ping Identity to integrate advanced behavioral biometrics into its identity security offerings, enhancing its fraud detection and prevention solutions for enterprise clients. For investors, this highlights the increasing value placed on sophisticated, frictionless authentication technologies within the broader cybersecurity and identity management markets.

Company Intelligence Q&A

What is SecuredTouch's primary offering?

SecuredTouch developed behavioral biometrics for mobile transactions, providing continuous authentication technologies to strengthen security and reduce fraud while improving the digital experience for customers.

When was SecuredTouch acquired?

SecuredTouch was acquired by Ping Identity in June 2021. The acquisition aimed to accelerate identity fraud capabilities.

Which investors participated in SecuredTouch's April 2018 funding round?

In April 2018, SecuredTouch received funding from investors including Spring Ventures.

What technology does SecuredTouch utilize for user verification?

SecuredTouch's technology collected and analyzed over 100 behavioral parameters, such as keyboard typing and touch pressure, to create unique user behavioral profiles for continuous verification.

When did SecuredTouch secure a U.S. patent for continuous authentication?

In July 2019, SecuredTouch was granted a U.S. patent for continuous authentication with behavioral biometrics.