Amperity adds $28M, ForeScout IPO fetches $117M: Friday Deal Book for 10/27/2017

OWI’s Friday Deal Book provides you with a weekly roundup of partnerships, funding, and product announcements in the identity industry. Here’s a quick peek at what you need to know for the week ending Oct. 27, 2017.

Customer data platform Amperity raises $28 million Series B
The Series B round was led by Tiger Global Management LLC, with participation from existing investor Madrona Venture Group. The company, which just came out of stealth mode last month, plans to use the funds to develop intellectual property, build out more features and double its headcount. Amperity’s Intelligent Customer Data Platform aggregates customer data from disparate data sources and uses machine learning to form customer profiles and analytics capabilities for marketing. Meanwhile this week, the European Parliament’s justice committee has proposed updated ePrivacy rules that would give users the right to object to being tracked when they use a website – allowing users to access sites even if they refuse to accept cookies. [Read more]

IoT security provider ForeScout Technologies prices IPO at $22
The 17 year old company priced its IPO at $22 over 5.3 million shares, raising $116.6 million in the offering, placing its valuation at just about $800 million. ForeScout monitors connected devices for exploits and intrusions. Last year, the company had $167 million in revenue, up 32 percent from the prior year while losses nearly tripled to $75 million. Some have called this a “down round IPO” as the company was valued at $1 billion last year — certain investors had built-in protections that will grant them additional shares as a result. [Read more]

VoiceTrust and inBay Technologies partner for biometric authentication
Ottawa based inBay Technologies, a provider of software as a service authentication solutions, and Munich based VoiceTrust, a voice and face biometrics provider, have announced a partnership. In addition to integrating VoiceTrust’s biometric technology, the partnership also extends both companies’ geographic reach. The market for authentication solutions has seen strong growth with incumbents and newcomers alike forging partnerships for increased distribution and scale. [Read more]

Cloud security provider Zscaler confidentially filed for IPO
Zscaler provides services to enable policy-based access to cloud hosted and private apps alongside a suite of threat monitoring tools and shared intelligence platform. The company has previously raised funds at a $1 billion valuation from investors including Lightspeed Venture Partners, Alphabet’s Capital G and TPG Growth. The adoption of software as a service coupled with explosive growth in connected devices has fueled strong growth for cybersecurity solution offerings. [Read more]

Intel and SecureKey partner for browser identity sharing
Consumers will be able to access SecureKey’s blockchain-based digital identity solutions through laptop and desktop computers enabled with Intel’s Software Guard Extensions (SGX). Intel SGX enables blockchain-based applications to run in a secure environment without disrupting the ability of legitimate system software to manage the use of platform resources. The partnership extends SecureKey’s offering from existing mobile app to traditional web browser based capabilities. [Read more]