Socure Acquires Berbix

June 27, 2023

Socure has acquired San Francisco–based identity verification startup Berbix in a cash-and-stock transaction valued at about $70 million. The deal integrates Berbix's document-forensics and extraction technology into Socure's platform to launch Predictive DocV 3.0, enhancing accuracy, speed, and international document coverage while accelerating product capability and market expansion.

Buyers
Socure
Targets
Berbix
Industry
Cybersecurity
Location
California, United States
Transaction Type
Buyout

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