TeleSign
Telesign is a company based in Marina Del Rey California, United States providing digital identity and programmable communications APIs to prevent fraud and enable omnichannel engagement. Telesign’s risk-scoring API analyzes phone number attributes acquired during the authentication process to assist companies with onboarding new customers securely and maintaining account integrity. Joe Burton is the current CEO of the company.[1]
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Type of business | Acquired by BICS |
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Founded | 2005 |
Headquarters | , United States |
Key people | Joe Burton (CEO), Thomas Dhondt (CFO), Mark Hydar (CTO) |
Industry | Digital identity, fraud prevention, communications |
Products | Voice SMS Digital Identity 2FA RCS |
URL | www |
History
Founded in 2005 as a Communications Platform as a Service company by Darren Berkovitz, Ryan Disraeli and Stacy Stubblefield, the company pioneered Two-factor authentication services, a secure supplementary method of preventing illicit access to online accounts.
Co-founders Disraeli, Stubblefield and Berkowitz were named as USC alumni entrepreneurs of the year. TeleSign was an early project of the technology incubator Curious Minds.
As of 2014, the company had raised $49 million in funds.[2]
In April 2017, TeleSign announced that it is being acquired by BICS, a Belgium-based company for $230 million.[3][4]
In December 2021, TeleSign announced it intends to go public via a business combination with North Atlantic Acquisition Corporation (NASDAQ: NAAC).[5]
References
- "TeleSign Board Appoints Joseph Burton as CEO". www.businesswire.com. 2021-01-27. Retrieved 2022-03-29.
- Colao, J. J. "With Another $40 Million In Funding, TeleSign Looks To Dominate 2-Step Verification". Forbes. Retrieved 2022-03-29.
- "BICS Acquires TeleSign Corp for $230M". Enterprise Networking Planet. 2017-04-25. Retrieved 2022-03-29.
- "TeleSign, a Marina del Rey start-up crucial to integrity of popular apps, purchased for $230 million". Los Angeles Times. 2017-04-26. Retrieved 2022-03-29.
- Corporation, North Atlantic Acquisition. "TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public". www.prnewswire.com. Retrieved 2022-03-29.