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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 California-based company offering digital identity verification and communication services. Their technology helps businesses prevent fraud and improve customer interactions. Telesign's CEO is Christophe Van de Weyer.[1]

History

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Telesign was founded in 2005 by Darren Berkovitz, Ryan Disraeli, and Stacy Stubblefield. The company introduced two-factor authentication as a security measure for online accounts. Its founders were recognized as entrepreneurial alumni by USC, and the company originated from the Curious Minds technology incubator.

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

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  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.