Articles from Transmit Security

Transmit Security, the leading innovator of identity security, orchestration and fraud prevention, is proud to announce it has been recognized as a Leader by Forrester (Nasdaq: FORR) Research in The Forrester Wave™: Customer Identity and Access Management (CIAM), Q4 2024.

Transmit Security, the first to unify identity security and fraud prevention in a single platform, is proud to be selected as a leading innovator in the Fortune Cyber 60, presented by Lightspeed. The Cyber 60 is a prestigious list of the most important venture-backed cybersecurity startups that address today’s increasing threat complexity and the expanding attack surface introduced by AI.

Transmit Security is proud to announce that one of its key clients, Aflac, was recognized with the 2024 CSO Award for “Quackcess Granted” Passkey Authentication Initiative, powered by Transmit Security. The program was recognized with the 2024 CSO Award for innovation in cybersecurity, celebrating Aflac, a leading provider of supplemental health insurance and products in the U.S., for its success in elevating both security and customer experience through modern authentication technologies.

Transmit Security, the leading innovator of identity-security and fraud prevention, is proud to announce its rank as a leader in account takeover (ATO) prevention according to a new report by the strategic market advisory and analyst firm Liminal. This prestigious acknowledgment underscores Transmit Security's commitment to delivering Gen-AI solutions in the fight against identity fraud and credential-based attacks.

Transmit Security, the inventor of identity orchestration and the first to market with identity-security that fuses customer identity management and fraud prevention, today announced the release of a new in-depth report, “The GenAI-Fueled Threat Landscape: A Dark Web Report by the Transmit Security Research Lab.”

Transmit Security, a leading provider of customer identity and access management (CIAM) SaaS solutions, today announced the availability of its multifactor authentication (MFA) and account protection services in AWS Marketplace. AWS customers can now easily procure Transmit Security’s services using their committed spend to take advantage of discounts.

Transmit Security, a leading provider of security-first customer identity and access management (CIAM) SaaS solutions, today announced it has been named an Overall Leader in two recent ranking reports from KuppingerCole Analysts AG — the 2022 Leadership Compass: Passwordless Authentication and the 2022 Leadership Compass: CIAM Platforms, adding to its Overall Leader recognition in the 2021 KuppingerCole Leadership Compass: Fraud Reduction Intelligence Platforms. To achieve the 2022 ratings, Transmit Security was evaluated against 24 and 22 vendors respectively for product functionality, innovation, market presence and financial position. Transmit Security is just one of four vendors to be named an overall leader in the latest two reports, and the only vendor to achieve such a distinction in all three aforementioned reports.

Transmit Security today announced essential new capabilities of its customer identity and access management (CIAM) platform, along with key milestones and record customer and revenue growth for the first half of 2022. The company also rebranded its identity products, reflecting the shift to a developer-friendly approach to delivering secure identity services as APIs.

Transmit Security, the Identity Experience™ company offering passwordless authentication, announced today it appointed Chris Pick as its new Chief Marketing Officer. Pick joins Transmit Security during a period of significant momentum and rapid growth. Pick will build and oversee a multinational marketing function, and execute a strategy to create an entirely new category in cybersecurity, leveraging his experience at Apptio and Tanium where he helped lead those companies to redefine their own market categories.

Transmit Security, the Identity Experience™ company, announced today the release of its new survey: “How Gen Z Is Shaping the Future of Passwordless.” The report includes survey findings from more than 600 Gen Zers in the U.S., ages 18 to 24, taking a deep dive into everything from their password habits and login preferences to online shopping behaviors and device usage. The primary takeaway from Transmit Security’s report is that Gen Z is intolerant of poor login experiences. If it’s too difficult or complicated, you’ve likely already lost their business. They prefer mobile phones and want both ease of use and security. This means businesses must do more to protect their accounts while simplifying the login experience.

Transmit Security, the Identity Experience™ company, announced today it has named Chris Kaddaras as its new Chief Revenue Officer. Kaddaras will oversee all areas of sales, support and success, unifying the company’s ability to create, onboard and delight our customers.

Transmit Security, the Identity Experience™ company, today announced that Goldman Sachs (NYSEGS) has recognized President and Co-Founder Rakesh Loonkar as one of the 100 Most Intriguing Entrepreneurs of 2021 at its Builders + Innovators Summit in Healdsburg, California.

Transmit Security, the Identity Experience™ company, today announced that Citi Ventures and the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) have joined the company’s most recent $543 million Series A funding round, setting a new record in investment history as the largest Series A investment in cybersecurity. The Series A round was led by Insight Partners and General Atlantic with additional investment from Cyberstarts, Geodesic, SYN Ventures, Vintage, and Artisanal Ventures. Previously bootstrapped, Transmit Security’s Series A funding round brings the company’s pre-money valuation to $2.2 billion. Transmit Security will use the funding to increase the company's global reach, expand its operations, and accelerate the company’s mission to help the world go passwordless.

Transmit Security, the Identity Experience™ company, today announced it has named Meron Behar as its new Chief Information Security Officer (CISO). Meron will be integral to Transmit Security’s growth initiatives, helping to further the company’s position as a leader in the identity and access management space. He will be responsible for expanding the company’s security organization and creating a framework for managing risks; protecting customer data and customer-facing services; and aligning the company’s processes and services with compliance and regulatory requirements.

Transmit Security, the Identity Experience™ company, today announced it has raised $543 million in Series A funding, bringing the company’s pre-money valuation to $2.2 billion, and marking the largest Series A funding round in cybersecurity history and one of the highest valuations for a bootstrapped company. The funding round was led by Insight Partners and General Atlantic, with additional investment from Cyberstarts, Geodesic, SYN Ventures, Vintage, and Artisanal Ventures. Transmit Security will use the funding to increase the company's reach and expand its primary business functions, investing in key global areas in order to grow the organization, ultimately enabling the company to accelerate its mission to help the world go passwordless.

Transmit Security, the Identity Experience™ company, today announced that it has been named to The Boston Business Journal’s exclusive 2021 Fast 50 list, which represents the 50 fastest-growing private companies in Massachusetts. Transmit Security ranked #4 on the list. The Fast 50 companies are selected and ranked based on a formula that counts revenue growth from 2017 to 2020.