Security News > 2021 > March > ID.me Snags $100M in Series C Funding

Digital identity network play ID.me, Inc. has joined the growing list of cybersecurity unicorns after banking a new $100 million funding round that values the company at $1.5 billion.

ID.me, based in McLean, Va., said it will use the new money to build out its secure digital identity network by hiring top talent and expanding the number of businesses and government agencies it serves.

ID.me's service is free to consumers while business customers pay ID.me for trust and to streamline workflows.

ID.me provides tech that simplifies how individuals prove and share their identity online, including tools to handle identity proofing, authentication and group affiliation verification for organizations across sectors.

ID.me is the 12th cybersecurity company to achieve unicorn status in the past four months.

Ryan has built security engagement programs at major global brands, including Intel Corp., Bishop Fox and Kaspersky GReAT. He is a co-founder of Threatpost and the global SAS conference series.

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