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.
Read more on TechCrunch here.