The company’s AI-driven identity verification solution was created for enterprises with the intent to reduce losses associated with fraud. The platform uses its own proprietary machine-learning algorithm to identify if a photo and face are a match, or if an ID is fake.
Companies on the Seattle tech scene pulled in funding rounds big and small last week and have plenty of plans with the fresh capital. Find out what else is new. This is the Built In Seattle weekly refresh.
This funding comes at a time when interest in Picnic’s pizza-making robot is surging. The company is now hiring for a dozen open tech positions at its Seattle headquarters.
This is Fabric’s second round of funding in just five months, and reportedly brings its valuation to $850 million. The company is now hiring, and plans to use the fresh capital to fuel its global expansion.
Activity is buzzing on the Puget Sound tech scene with a handful of startups making headlines last week. Find out which industries are due for an update and how these companies are making it happen. This is the Built In Seattle weekly refresh.
