Long Ridge Equity Partners Makes $100M Minority Growth Investment in AuthenticID
July 26, 2021
Long Ridge Equity Partners led a $100 million minority growth investment in AuthenticID to support the company's R&D, go-to-market efforts, and expansion across telecommunications, financial services, government, and other consumer segments. The funding is intended to accelerate AuthenticID's automated AI-based identity proofing platform and support the next generation of digital identity solutions; Long Ridge's Jim Brown will join the company's board.
- Buyers
- Long Ridge Equity Partners
- Targets
- AuthenticID
- Industry
- Cybersecurity
- Location
- Washington, United States
- Transaction Type
- Growth capital
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