iVerify raises $17 million in a funding round led by Sands Capital and Entropy Ventures, with participation from National Bank of Canada and others. The new funds will enhance mobile endpoint detection and response solutions.
Amount Raised
$17 Million
Round Type
Venture
Long IslandInformation TechnologyInvestors
Description
iVerify has secured $17 million in new funding to strengthen its position in mobile endpoint security amidst rising threats. The investment comes from notable firms including Sands Capital and Entropy Ventures, alongside strategic partners. With this funding, iVerify aims to address increasing security challenges faced by enterprises. The investment will also bring experienced board members to guide the company's growth.
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