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Illuma Labs Secures $9M Series-A Funding Led by LiveOak Ventures and Forefront Venture Partners

Sep 10, 2024•over 1 year ago

Contract Type

partnership

PlanoInformation TechnologySecurityCyber Security

Description

Illuma Labs has secured $9 million in Series A funding to accelerate the development of voice verification solutions, aiming to combat emerging fraud threats targeting banking institutions and expand its reach to more credit unions and banks nationwide.

Company Information

Company

Illuma Labs

Location

Plano, Texas, United States

About

Illuma Labs is a Fintech company headquartered in Plano, Texas. The organization’s flagship product, Illuma Shield™, replaces traditional knowledge-based authentication practices with an effortless and secure real-time voice authentication solution to enhance caller experience, improve operational efficiency, and prevent fraud in credit union and community bank contact centers.

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