Transmit Security
Founded Year
2014Stage
Series A | AliveTotal Raised
$583MValuation
$0000Last Raised
$543M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-2 points in the past 30 days
About Transmit Security
Transmit Security focuses on providing cloud-native customer identity and access management (CIAM) services. The company offers a range of identity services including identity orchestration, detection and response, identity management, identity verification, authentication services, and data validation. These services are designed to consolidate identity stacks, centralize decision-making, automate customer journeys, monitor and analyze risk signals, and more. It was founded in 2014 and is based in Boston, Massachusetts.
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Transmit Security's Product Videos
ESPs containing Transmit Security
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The identity orchestration market offers comprehensive solutions to manage and streamline identity & access management (IAM) processes across various systems and platforms. Identity orchestration refers to the centralized management and coordination of identities, access controls, and authentication mechanisms within an organization. It enables seamless integration and synchronization of user iden…
Transmit Security named as Challenger among 12 other companies, including Ping Identity, CyberArk, and SailPoint.
Transmit Security's Products & Differentiators
Identity and Data Validation
Verify legitimate customers quickly. A deep yet fast document inspection examines every detail to discern if the ID is authentic and unaltered. Biometric matching compares the selfie and ID photo to determine if they match. Automated background checks rapidly screen AML & PEP watch lists, so you don’t have to. Instantly validate customer identity details. Automate background checks for accurate results in a split second. Transmit Security’s Identity Validation API easily connects to external data sources as well as your own internal data to validate identities and build a comprehensive customer profile. The service simplifies and expedites account registration to comply with global regulations, stop fraud and protect your business.
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Research containing Transmit Security
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Transmit Security in 7 CB Insights research briefs, most recently on Mar 14, 2024.
Mar 14, 2024
The retail banking fraud & compliance market map
Feb 20, 2024
The hardware security market map
Nov 3, 2023
The endpoint security market map
Jul 28, 2023
The cloud security market map
Expert Collections containing Transmit Security
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Transmit Security is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,249 items
Regtech
1,921 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Cybersecurity
10,039 items
These companies protect organizations from digital threats.
Digital ID In Fintech
268 items
For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.
Transmit Security Patents
Transmit Security has filed 4 patents.
The 3 most popular patent topics include:
- computer access control protocols
- computer network security
- password authentication
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
12/8/2020 | 10/3/2023 | Computer access control protocols, Google services, Computer network security, Wireless networking, Password authentication | Grant |
Application Date | 12/8/2020 |
|---|---|
Grant Date | 10/3/2023 |
Title | |
Related Topics | Computer access control protocols, Google services, Computer network security, Wireless networking, Password authentication |
Status | Grant |
Latest Transmit Security News
Oct 21, 2024
Gili Raanan’s VC fund took its assets under management to $720 million on the back of acquisitions of portfolio companies Axis Security, Bionic, Noname Security, and Gem Security. CTech Cyberstarts has raised $60 million for its fourth Seed fund, bringing its assets under management to $720 million. Cyberstarts was founded in 2018 by Gili Raanan, who was later joined by General Partners Lior Simon, Emily Heath, and Hila Zigman, and now also by new operating partner Adam Aarons, the former Okta Chief Revenue Officer. Cyberstarts’ seed investments include Wiz, Fireblocks, Transmit, Island, and many others. Cyberstarts’ investors and limited partners (LPs) are comprised of some of the industry’s most prominent leaders including Shlomo Kramer of Cato Networks, Imperva, and Check Point, Marius Nacht of Check Point, Nir Zuk from Palo Alto Networks, Mickey Boodaei and Rakesh Loonkar of Transmit Security, Udi Mokady from CyberArk, Nir Polak of Exabeam, Michael Shaulov of Fireblocks, and Assaf Rappaport of Wiz, to name a few. Related articles: The new Seed fund comes on the back of acquisitions of portfolio companies Axis Security, Bionic, Noname Security, and Gem Security, crossing $1 billion in total deal value. Cyberstarts' rise to success has been accompanied by some controversy, largely due to its executive advisory program. According to Calcalist , points worth tens of thousands of dollars were awarded to CISOs of organizations for deepening relationships with the fund's portfolio companies, aiding their growth. This part of the program was scrapped earlier this year, according to Raanan. Last September, Cyberstarts raised $480 million for a new opportunity fund. The fund, named Cyberstarts Scale, came on the back of a $200 million opportunity fund raised in March 2022. TAGS
Transmit Security Frequently Asked Questions (FAQ)
When was Transmit Security founded?
Transmit Security was founded in 2014.
Where is Transmit Security's headquarters?
Transmit Security's headquarters is located at 500 Boylston Street, Boston.
What is Transmit Security's latest funding round?
Transmit Security's latest funding round is Series A.
How much did Transmit Security raise?
Transmit Security raised a total of $583M.
Who are the investors of Transmit Security?
Investors of Transmit Security include General Atlantic, Vintage Investment Partners, Geodesic Capital, Artisanal Ventures, GS Growth and 10 more.
Who are Transmit Security's competitors?
Competitors of Transmit Security include Traitware, Keyless, HYPR, ReachFive, Spec and 7 more.
What products does Transmit Security offer?
Transmit Security's products include Identity and Data Validation and 4 more.
Who are Transmit Security's customers?
Customers of Transmit Security include Citi, UBS, HSBC, Santander and SunLife Financial.
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Compare Transmit Security to Competitors
HYPR specializes in identity security and passwordless authentication solutions within the cybersecurity industry. The company offers an identity assurance platform that includes passwordless multi-factor authentication, risk policy orchestration, and identity verification services. HYPR's solutions cater to various sectors, including financial services, critical infrastructure, and retail, aiming to enhance security and user experience. It was founded in 2014 and is based in New York, New York.
Socure focuses on digital identity verification and fraud prediction, operating within the technology and financial services sectors. The company offers a platform that uses artificial intelligence (AI) and machine learning (ML) to verify identities in real-time, analyzing various elements such as email, phone, address, and device risk. This service is primarily used by industries such as financial services, government, gaming, healthcare, telecom, and e-commerce. It was founded in 2012 and is based in Incline Village, Nevada.
Tactical Information Systems provides complete identity solutions that meet the needs of governments, law enforcement, border security and identity communities. BeehiveID is face recognition software for identity authentication & verification.
Smile ID specializes in digital identity verification and Know-your-customer (KYC) compliance solutions within the financial technology sector. The company offers services such as user authentication, fraud detection, and anti-money laundering checks, designed to facilitate secure and compliant business operations. Smile ID primarily caters to businesses looking for robust identity verification and compliance tools in the digital space. Smile ID was formerly known as Smile Identity. It was founded in 2017 and is based in Lagos, Nigeria.
BioCatch is a company specializing in behavioral biometrics for fraud prevention and digital identity verification within the financial services sector. The company offers solutions that analyze online user behavior to detect and prevent fraud, money laundering, and various cyber threats. It was founded in 2011 and is based in Tel Aviv, Israel.
InCights Mobile Solutions is a developer and provider of voice biometrics software and delivery systems. The company's vision is to establish Voice biometrics as a de-facto standard for remote authentication over telephony and other online channels.
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