What is ID DataWeb?
ID DataWeb emerged from the National Strategy for Trusted Identities in Cyberspace (NSTIC) initiative, focusing on building a robust trust-based network for digital identities. The company operates as an engine designed to orchestrate signals from various attribute providers, thereby generating a comprehensive trust score for any given identity. Since its inception in 2016, ID DataWeb has successfully processed over 160 million risk and identity verification transactions, serving a diverse clientele that includes F500 enterprises, prominent consumer-facing brands, and government agencies. This extensive track record highlights its capability in delivering critical identity assurance solutions.
How much funding has ID DataWeb raised?
ID DataWeb has raised a total of $3.4M across 2 funding rounds:
Series B
$3M
Debt
$350K
Series B (2017): $3M with participation from Strategic Cyber Ventures
Debt (2020): $350K led by PPP
Key Investors in ID DataWeb
Strategic Cyber Ventures
Strategic Cyber Ventures (SCV) is a venture capital firm based in Washington D.C. that specializes in investing in rapidly growing cybersecurity, privacy, and resiliency-focused technology companies. The firm aims to bridge the gap between emerging commercial technology and corporate and national security challenges.
PPP
Public-Private Partnership
What's next for ID DataWeb?
The substantial enterprise-level funding and strategic investment received by ID DataWeb position it for accelerated scaling and market expansion. The company's focus on orchestrating identity signals and generating trust scores is increasingly vital in an era of heightened cybersecurity concerns and digital transformation. Future strategic initiatives are likely to involve enhancing its platform's capabilities, expanding its network of attribute providers, and deepening its penetration into enterprise and government sectors. This capital infusion will support further innovation in identity verification and risk management, solidifying ID DataWeb's role as a key player in the trusted identity ecosystem.
See full ID DataWeb company page
