TeleSign explained

Telesign
Company Type:	Acquired by BICS
Location City:	Marina del Rey
Location Country:	United States
Foundation:	2005
Key People:	Christophe Van de Weyer (CEO), Thomas Dhondt (CFO), Mark Hydar (CTO)
Products:	Voice SMS Digital Identity 2FA RCS
Industry:	Digital identity, fraud prevention, communications

Telesign a California-based company offering digital identity verification and communication services. Their technology helps businesses prevent fraud and improve customer interactions. Telesign's CEO is Joe Burton.^[1]

History

Telesign was founded in 2005 was established in 2005 by Darren Berkovitz, Ryan Disraeli, and Stacy Stubblefield. The company introduced two-factor authentication as a security measure for online accounts. Its founders were recognized as entrepreneurial alumni by USC, and the company originated from the Curious Minds technology incubator.

As of 2014, the company had raised $49 million in funds.^[2]

In April 2017, TeleSign announced that it is being acquired by BICS, a Belgium-based company for $230 million.^{[3] [4]}

In December 2021, TeleSign announced it intends to go public via a business combination with North Atlantic Acquisition Corporation (NASDAQ: NAAC).^[5]

Notes and References

1. Web site: 2021-01-27 . TeleSign Board Appoints Joseph Burton as CEO . 2022-03-29 . www.businesswire.com . en.
2. Web site: Colao . J. J. . With Another $40 Million In Funding, TeleSign Looks To Dominate 2-Step Verification . 2022-03-29 . Forbes . en.
3. Web site: 2017-04-25 . BICS Acquires TeleSign Corp for $230M . 2022-03-29 . Enterprise Networking Planet . en-US.
4. Web site: 2017-04-26 . TeleSign, a Marina del Rey start-up crucial to integrity of popular apps, purchased for $230 million . 2022-03-29 . Los Angeles Times . en-US.
5. Corporation . North Atlantic Acquisition . TeleSign and North Atlantic Acquisition Corporation Announce Business Combination and Intent To Go Public . 2022-03-29 . www.prnewswire.com . en.