TeleSign

From Wikipedia, the free encyclopedia
Telesign
Type of businessAcquired by BICS
Founded2005
Headquarters,
United States
Key peopleChristophe Van de Weyer (CEO),
Thomas Dhondt (CFO),
Mark Hydar (CTO)
IndustryDigital identity, fraud prevention, communications
ProductsVoice
SMS
Digital Identity
2FA
RCS
URLwww.telesign.com

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]

History[edit]

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[edit]

  1. ^ "TeleSign Board Appoints Joseph Burton as CEO". www.businesswire.com. 2021-01-27. Retrieved 2022-03-29.
  2. ^ Colao, J. J. "With Another $40 Million In Funding, TeleSign Looks To Dominate 2-Step Verification". Forbes. Retrieved 2022-03-29.
  3. ^ "BICS Acquires TeleSign Corp for $230M". Enterprise Networking Planet. 2017-04-25. Retrieved 2022-03-29.
  4. ^ "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.
  5. ^ Corporation, North Atlantic Acquisition. "TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public". www.prnewswire.com (Press release). Retrieved 2022-03-29.