WASHINGTON--(BUSINESS WIRE)--ID DataWeb, based in Vienna, VA, has successfully closed a Series B strategic investment from SCV Group, headquartered in Washington, DC.
ID DataWeb is expanding operations in the United States as enterprises are continuously searching for solutions to close the gaps in identity security. “Identity is recognized as the new defense perimeter for online transactions. Our partnership with SCV will be instrumental in enhancing security, privacy, convenience and savings for customers of ID Dataweb cloud broker services,” said David Coxe, CEO.
ID DataWeb’s Attribute eXchange Network (AXN) supports customers in thirty-five countries today with plans to expand to over sixty in 2017. The AXN cloud broker service provides agility, scalability and cost efficiencies to enable real-time identity proofing, multifactor authentication and enhanced privacy for constituents within and between industry ecosystems.
“ID Dataweb enables the next generation, online identity security services for customers globally. With Tom Kellermann on our Board, we look forward to SCV’s experience and active participation in establishing ID DataWeb as an industry leader in identity security solutions,” said David Coxe, CEO.
“Credential Theft has become a pandemic. Authentication has long been the Achilles heel of cybersecurity. Our investment in ID DataWeb advances American cybersecurity because its technology solves the world’s digital identity security problem. Dynamic identity verification is the future of the Web 4.0. This investment ensures the safety of American digital identities,” said Tom Kellermann, CEO of Strategic Cyber Ventures.
About ID DataWeb
ID DataWeb is a trusted identity verification cloud-service which improves user privacy, security and user experience . This service is being used by several key industry segments including; Government, Financial, Technology, Healthcare and Media.
About SCV Group:
SCV Group grows cyber security companies that disrupt advanced cyber adversaries and revolutionize the cyber product marketplace. We advance cybersecurity through expert investment in synergistic teams and technology solving the world’s security problems.