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Socure Scores $2.5 Million to Overcome Evil with Good

Socure Scores $2.5 Million to Overcome Evil with Good

Socurelogo.jpg

Online security companies are always working to stay one step ahead of fraudsters. Socure, a New York-based company is out to fight these malevolent deeds with an approach it calls Social Biometrics.

As it turns out, it pays to be good. The company just closed a $2.5 million round of funding this week. Investors include:

    • Founder Collective
    • Two Sigma Ventures
    • ff Venture Capital 

This, added to Socure’s $2.2 million Seed round it generated in March, brings the company’s total funding to $4.7 million.

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Socure’s fraud detection solution uses people’s social behavior across networks to determine the authenticity of their identity. See their debut of Social Biometrics at FinovateFall 2013.