Jumio Receives Undisclosed Investment From Citi Ventures

Jumio, which uses a Webcam to verify identity or scan credit cards, raised $25.5 million in March. The second round was led by Andreessen Horowitz. Today, Jumio announced that it topped off that round with an undisclosed sum from Citi Ventures. To date, the company has raised $35.4 million.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik