![]() The Transmit Security CIAM platform includes real-time services that improve customer experience and help improve registration rates, reduce cart abandonment, and accelerate conversion while improving security and protection from account takeover fraud. Transmit Security's identity verification uses facial scans with liveness detection and government document proofing. ![]() The company also offers real-time fraud protection services to protect against bad actors and prevent account takeovers, such as via session hijacking, device spoofing, malicious bots, and phishing. Since 2014, serial cyber entrepreneurs, investors and Co-Founders of Transmit Security, Mickey Boodaei and Rakesh Loonkar’s vision has remained unchanged to rid the world of passwords. Services include multifactor authentication, social logins (e.g., Google, Apple, and Facebook), passwordless authentication, biometric and FIDO standards (passkey/WebAuthn), magic links, one-time passwords, and single sign-on. Rakesh Loonkar, President & Co-Founder, Transmit Security Peter High, President, Metis Strategy Rakesh Loonkar, Transmit Security Peter High, Metis Strategy 12:55 1:15 p.m. Users can integrate Transmit Security's cloud-native CIAM services to extend their identity capabilities across all channels and devices. Loonkar - President and Co-Founder Transmit Security, Former Co-Founder& President Trusteer. The company combines developer-friendly design with robust security to improve the user experience. We’ve all learned to suffer and accept the terrible user experience and poor security that comes with passwords just because that’s the way it has always worked in the past, said Rakesh. The company’s gargantuan cash injection was co-led by Insight Partners and General Atlantic, with participation from Cyberstarts, Geodesic, SYN Ventures, Vintage, and Artisanal Ventures.Transmit Security provides modular, plug-and-play customer identity access management (CIAM) services for authentication, risk detection, and identity verification. A number of angel investors, including Trusteer and Transmit Security founders Rakesh Loonkar and Mickey Boodaei, as well as Imperva founder Amichai Shulman. TEL AVIV, Israel & BOSTON- ( BUSINESS WIRE )- Transmit Security, the Identity Experience company, today announced it has raised 543 million in Series A funding, bringing the company’s pre. Transmit Security - which now has offices in Tel Aviv and Boston - has also amassed a fairly impressive roster of customers, including HSBC, UBS, Santander, and Lowe’s. We’ve all learned to suffer and accept the terrible user experience and poor security that comes with passwords just because that’s the way it has always worked in the past.”įounded in 2015, Transmit Security had been entirely bootstrapped before now - the founders sold their previous security company to IBM for a reported $1 billion in 2013. “Whenever an app texts me a code that I have to enter, I become frustrated with the process. Posted about my SAB listing a few weeks ago about not showing up in search only when you entered the exact name. ![]() Boodeai was also part of the trio that founded Israeli cyber firm, Imperva, along with Shlomo Kramer and Amichai Shulman. The duo were the founders of security company Trusteer, which was acquired by IBM in 2013 for nearly 1 billion. Other executives include Rakesh Loonkar, President & Co-Founder Eilon Hazum, Chief Financial Officer and 9 others. Transmit Security was founded by CEO Mickey Boodeai and President Rakesh Loonkar. ![]() “Every time I see a login button on a website, I get anxious,” Transmit Security president and cofounder Rakesh Loonkar said in a press release. Transmit Securitys CEO & Co-Founder is Mickey Boodaei. This year we are making very significant moves as a company, because we are disrupting the status quo that has dominated a critical area of technology for decades, said Rakesh Loonkar. The ultimate goal is to remove friction across the board. Customers might abandon their shopping cart at the checkout if they can’t readily recall their password, while IT teams can waste a lot of resources helping a workforce of thousands access their online accounts when they get locked out. There is more to the passwordless movement than simply making things more secure. And banks can verify customers as the industry continues to move away from in-person interactions, helping counter the ongoing threat posed by identity theft and fraud. ![]() In an increasingly distributed workforce, technology such as that offered by Transmit Security enables companies to onboard new workers more securely and authenticate future logins regardless of where the employee resides. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |