Fresh off their Finovate debut, Irish-based real-time ID verification innovator Trustev is the latest winner in the SXSW Accelerator awards in the Enterprise and Big Data category.
“It couldn’t have come at a better time,”Trustev CEO Pat Phelan said in an interview with News At One. “I’m just moving to the U.S. to head up the U.S. launch of the business.”
More than 1,000 companies applied for this year’s SXSW Accelerator. Forty-eight were selected to compete for 18 spots in the competition’s final round.
This year marks the sixth year of the event, held in Austin, Texas as part of the annual SXSW Music Film Interactive. Previous Accelerator participants include Klout (2009) and Siri (2010), as well as Finovate alums Kabbage (2011), OneID, and Toopher (both 2012).
A specialist in online fraud detection, Trustev serves more than 100 customers in five countries, and has raised more than $3.5 million in seed and angel funding. The company recently announced a partnership with Datameer, a big data analytics firm, that will help them further enhance the capabilities of their fraud detection system.
Trustev was named Europe’s Top Technology Startup by the EU Commission, and was recognized as one of the Hottest Global Startups by Forbes magazine. See the company in action in their video from FinovateEurope in February here.