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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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus