SecuredTouch

Mobile Gesture-based Authentication and Fraud Detection

Cyber Security
Acquired (Inactive) by Ping Identity on Jun 2021 - closed due to acquisition

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 before being acquired by Ping Identity in June 2021.

Business overview

SecuredTouch specializes in developing behavioral biometrics for mobile transactions, offering continuous authentication technologies to enhance security and mitigate fraud. The company's core technology analyzes over 100 dynamic behavioral parameters, including keyboard typing, scroll velocity, and touch pressure, to create unique user profiles for continuous verification. SecuredTouch's mobile-optimized solutions are designed for seamless implementation without enrollment, providing real-time alerts for suspicious activity from login to logout. It serves markets requiring robust anti-fraud and identity verification, operating within the Cyber Security sector, with applications in fintech, financial institutions, and e-commerce.

Strategic signal

In June 2021, Ping Identity announced the acquisition of SecuredTouch to accelerate its identity fraud capabilities. This acquisition signals a strategic move by Ping Identity to integrate advanced behavioral biometrics into its offerings, enhancing its position in the identity security market and providing a strong validation of SecuredTouch's technology and market relevance.

Company Intelligence Q&A

What is SecuredTouch's primary focus?
SecuredTouch develops 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 to accelerate identity fraud capabilities.
What technology does SecuredTouch utilize?
SecuredTouch collects and analyzes over 100 dynamic behavioral parameters, such as keyboard typing and touch pressure, to create unique user behavioral profiles for continuous verification.
Which company implemented SecuredTouch's user authentication based on mobile behavioral biometrics?
In November 2016, Leumi Card became the first financial institution to implement user authentication based on mobile behavioral biometrics from SecuredTouch.
When was SecuredTouch granted a U.S. patent for continuous authentication?
In July 2019, SecuredTouch was granted a U.S. patent for continuous authentication with behavioral biometrics.

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