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April 30, 2012 06:52 pm GMT
With the rise of startups building on top of the collaborative consumption model - that is, where users are buying from and selling directly to other users - there's a growing need for some sort of system to help verify user identities. Although there are others quietly working in this space, today the U.K.-based startup Miicard, which is building an identity verification service, has moved a step ahead. The company has just completed its second seed funding round, raising $2.5 million from New Wave Ventures, IQ Capital and Par Equity. MiiCard had previously raised $.75 million back in September, also from IQ and Par Equity.The company says it aims to use the additional funding to move into the U.S. market.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WeuN2AQO2bY/
Internet Identity System MiiCard Raises $2.5M To Help You Prove You Are Who You Say You Are Online
With the rise of startups building on top of the collaborative consumption model - that is, where users are buying from and selling directly to other users - there's a growing need for some sort of system to help verify user identities. Although there are others quietly working in this space, today the U.K.-based startup Miicard, which is building an identity verification service, has moved a step ahead. The company has just completed its second seed funding round, raising $2.5 million from New Wave Ventures, IQ Capital and Par Equity. MiiCard had previously raised $.75 million back in September, also from IQ and Par Equity.The company says it aims to use the additional funding to move into the U.S. market.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WeuN2AQO2bY/
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