OurCrowd’s portfolio company BioCatch featured in TechCrunch
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. [T]he latest successful filing from Israeli startup BioCatch caught my attention. Essentially it offers a way for app developers to authenticate users based on how they interact with their phone’s touch screen and accelerometer. Backed most recently by $10 million in Series A funding led by OurCrowd, and Blumberg Capital, the company has developed what it calls ‘behavioural biometric authentication and threat detection’ technology — tech that helps banks and e-commerce companies stop online fraud before it happens. BioCatch raised $3,334,500 from OurCrowd investors in February 2014. Read more on...
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