Friday, May 11, 2012

Payments And Online ID Verification Company Jumio Nabs Strategic Investment From Citi Ventures

jumio-logoMobile and online payments and ID verification startup?Jumio?has received an additional Series B investment led by Citi Ventures,?a unit of global financial services company Citi. The funding follows Jumio's $25.5 million Series B from March,?led by Andreessen Horowitz. Although Citi's investment amount is not being disclosed, to date, Jumio has raised $35.4 million in funding. Other investors in the company include Facebook co-founder Eduardo Saverin, Peng T. Ong, partner at GSR Ventures and founder of Match.com, and Vivek Ranadiv?, founder of TIBCO.

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