Presidio Identity Aims to Eliminate Identity Theft and Financial Fraud with Innovative Trust and Identity Services
Startup emerges from stealth to focus on banking and financial services digital initiatives; raises $1.55 million seed round
San Francisco, CA, August 17, 2020 – Presidio Identity, Inc., a provider of cloud-based trust and identity services, announced today the close of $1.55 million in initial funding in a seed round led by Marc Benioff, with participation by technology and financial services leaders. The startup aims to eliminate identity theft and financial fraud, while giving individuals control over their sensitive data.
“We’re honored to have such a great group of investors backing Presidio Identity,” said Dennis Moore, CEO and Founder of Presidio Identity. “Their incredible backgrounds and experiences are an endless source of inspiration for our company as we work to achieve our vision to eliminate identity theft and financial fraud, while giving back control over our sensitive data to each of us. Finally, each of us will have unsurpassed security along with a great experience when interacting with banks, financial services firms, and other services providers.”
As the world rapidly becomes more digital and access to services is made more accessible remotely, there has been a corresponding increase in cybersecurity threats. These new threats require new solutions to bring trust and security to our interactions with digital service providers including banks and financial services providers. Presidio Identity is currently in development of its first generation of products, and expects to be ready for pilot customers in 2020.
Pesidio Identity Investors
Sohaib Abbasi, member of the board of McAfee, Nutanix, StreamSets, and Chairman of Peakon
Doug Merritt, President, Chief Executive Officer, and member of the Board of Directors of Splunk
Dennis Moore, Founder, Chief Executive Officer, and member of the Board of Directors of Presidio Identity
Eileen Murray, member of the Boards of HSBC, Guardian Life, and Compass, and Chairperson of the Financial Industry Regulatory Authority (FINRA)
Sanjay Poonen, Chief Operating Officer, Customer Operations and Security Strategy at VMware
Anshu Sharma, Co-Founder and Chief Executive Officer of Skyflow Data Privacy Vault
Presidio Identity, Inc.
San Francisco Bay Area
For more information about Presidio Identity, contact email@example.com.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Presidio Identity Aims to Eliminate Identity Theft and Financial Fraud with Innovative Trust and Identity Services here
News-ID: 2111103 • Views: 559
More Releases for Chief
QualiTest Group Appoints New Chief Financial Officer
London, December 8th – QualiTest Group, the world’s second largest pure play software testing and quality assurance company, is proud to announce that Sanjay Jawa is their new Group Chief Financial Officer (CFO). Sanjay brings over 25 years of financial management expertise to their executive team, with extensive experience in senior, financial and operational roles for international growth firms, with a particular focus since 2000 in private equity backed
Interactive Intelligence Hires New Chief Marketing Officer
DUBAI, United Arab Emirates, 12th November, 2014 -- Interactive Intelligence Group Inc. (Nasdaq: ININ), a global provider of software and services designed to improve the customer experience, has hired Jeff Platón as its chief marketing officer. Platón, who replaces former CMO Joseph A. Staples, brings with him more than 20 years of marketing and product management experience specializing in IT security, networking, cloud, and communications technologies. “Jeff is an expert in using
EducationDynamics Names Bruce Douglas Chief Marketing Officer
Veteran Marketing Executive Joins Top Higher Education Marketing Information and Technology Services Company Hoboken, New Jersey, January 17, 2012 - EducationDynamics, higher education’s leading marketing information and technology services company, announced today the appointment of Bruce Douglas as Chief Marketing Officer. Mr. Douglas is a seasoned marketing professional with more than 20 years of extensive marketing and management experience. As Chief Marketing Officer, Douglas will cultivate EducationDynamics’ marketing strategy and head
National Life Group Appoints Chief Marketing Officer
Montpelier, Vermont (February 11, 2009) – Mehran Assadi, president and chief executive officer of National Life Group, has announced the appointment of Vincent G. Vitiello as chief marketing officer for National Life. “I am very excited to have Vince join our team,” said Assadi. “He is a seasoned executive who is highly regarded throughout the industry. He brings to us nearly 30 years of distribution and marketing experience in two
SKIDATA announces Chief Financial Officer
Salzburg, June 27 2007 – As of July 1 2007, Dr. Michael Hofer (38) will join the Executive Board of SKIDATA AG as Chief Financial Officer. Michael Hofer began his career at SKIDATA as head of Controlling and was then appointed head of the Finance department, which included responsibility for Accounting, Controlling, Treasury, Human Resources and Legal. “Mr Hofer has extensive experience in international business, which makes him perfectly qualified
Counter Terror Chief Outlines Policy
The most senior civil servant in the fight against terrorism has outlined the Government’s approach to developing a counter terror policy which can be both effective and proportionate. Sir Richard Mottram is the Cabinet Office Permanent Secretary on Intelligence, Security and Resilience, and explained the Government’s thinking to an audience of security and counter-terror experts at the Counter Terror World Conference in London. He outlined the Government’s existing counter terror policy,