8 years ago
Callsign Secures $35M Series A for Adaptive Authentication Platform
Callsign, a London-based company, has raised $35 million in Series A funding led by Accel and PTB Ventures
The company has developed an authentication platform that uses deep learning technology to power adaptive access control for enterprises
Callsign's platform combines multi-factor authentication with fraud analytics powered by deep-learning technology to offer a authentication platform that can adapt to potentially suspicious signals to combat the threat of unauthorized logins
The company counts Lloyds Bank and Deutsche Bank among its clients and says the platform has been deployed to hundreds of thousands of users globally.
ProblemTechnology
"Businesses are constantly struggling to protect their users from unauthorized access after login credentials have been stolen or compromised. This can be a huge problem for businesses, as it can lead to data breaches, financial losses, and reputational damage."
Solution
"Callsign's adaptive authentication platform uses deep learning technology to power access control for enterprises. This means that the platform can verify a person is who they say they are just from a swipe on a touchscreen. The platform works by analyzing a variety of signals in real-time, pertaining to each login attempt, and then adapts dynamically to offer the most appropriate security challenge(s). This approach aims to balance security with user experience."