Averon is the developer of Direct Autonomous Authentication (DAA), the first fully automatic and ultra-secure mobile identity verification standard. Averon's DAA solution confirms user identity by leveraging real-time mobile network signaling and the SIM/eSIM chips already contained in mobile phones. DAA works seamlessly in the background, requires no installations and no consumer involvement whatsoever, and doesn't rely on any personally identifiable data. Averon solves the problem of user identity and verification across the entire digital world from banking and ecommerce, to fraud prevention with ticketing and bot commerce, and can also be used to authenticate IoT devices including connected locks on homes and vehicles.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/24/17 | $8,300,000 | Series A |
Avalon Ventures | undisclosed |
03/21/18 | $5,000,000 | Series A-1 |
Avalon Ventures Marc Benioff | undisclosed |