Presidio Identity Aims to Eliminate Identity Theft, Financial Fraud with Innovative Trust and Iden
The Californer/10088533

SAN FRANCISCO - Californer -- Presidio Identity Aims to Eliminate Identity Theft and Financial Fraud with Innovative Trust and Identity Services

Startup emerges from stealth to focus on banking and financial services digital initiatives; raises $1.55 million seed round

San Francisco, CA, August 13, 2020 – Presidio Identity, Inc., a provider of cloud-based trust and identity services, announced today the close of $1.55 million in initial funding in a seed round led by Marc Benioff, with participation by technology and financial services leaders.  The startup aims to eliminate identity theft and financial fraud, while giving individuals control over their sensitive data.

"We're honored to have such a great group of investors backing Presidio Identity," said Dennis Moore, CEO and Founder of Presidio Identity.  "Their incredible backgrounds and experiences are an endless source of inspiration for our company as we work to achieve our vision to eliminate identity theft and financial fraud, while giving back control over our sensitive data to each of us.  Finally, each of us will have unsurpassed security along with a great experience when interacting with banks, financial services firms, and other services providers."

As the world rapidly becomes more digital and access to services is made more accessible remotely, there has been a corresponding increase in cybersecurity threats.  These new threats require new solutions to bring trust and security to our interactions with digital service providers including banks and financial services providers.  Presidio Identity is currently in development of its first generation of products, and expects to be ready for pilot customers in 2020.

More on The Californer

• Physician-Turned-Patient Launches Advocacy Campaign to Spotlight Disability Insurance Barriers
• Celebrity Chef Nicole Andrea Guzman Releases Her First Childrens Book
• Thorn Ridge® Creates a World of Legends & Lore
• Screenwriting Cruise Adds Howard Suber, Ph.D., to Inaugural 7-Day Screenwriting Lab at Sea
• Twice the Laughs: Comedy Star Don Barnhart Rotates Residency at Both Delirious Comedy Club Locations in Las Vegas

Presidio Identity Investors

Sohaib Abbasi (https://www.crunchbase.com/person/sohaib-abbasi), member of the Boards of McAfee (https://www.businesswire.com/news/home/20181115005273/en/Mary-Cranston-Sohaib-Abbasi-Appointed-McAfee-Board), Nutanix (https://www.nutanix.com/company/leadership/boar...), StreamSets (https://streamsets.com/about-us/press-releases/...), and Chairman of Peakon (https://peakon.com/us/press/press-releases/peak...)

Marc Benioff (https://www.crunchbase.com/person/marc-benioff)

Doug Merritt (https://www.crunchbase.com/person/doug-merritt), President, Chief Executive Officer, and member of the Board of Directors of Splunk (https://www.splunk.com/en_us/about-splunk/leade...)

Dennis Moore (https://www.crunchbase.com/person/dennis-moore), Founder, Chief Executive Officer, and member of the Board of Directors of Presidio Identity

More on The Californer

• Voices for Humanity Ignites a Revolution for Learning with Eva Rehorova
• Omnigarde AI-Powered Face Recognition Achieves Top Global Rankings in Prestigious NIST Evaluation
• Petitioner Urges White House to Issue Executive Order on Divorce Fairness
• Car Wash Deal in Downey CA Prices Starting from $8
• Dr. Vincent Malfitano Elected to Central Council of The Italian Catholic Federation, National Gov

Eileen Murray (https://www.crunchbase.com/person/eileen-murray), member of the Boards of HSBC (https://www.hsbc.com/who-we-are/leadership/eile...), Guardian Life (https://www.guardianlife.com/corporate-governan...), and Compass (https://www.compass.com/about/team), and Chairperson of the Financial Industry Regulatory Authority (FINRA (https://www.finra.org/media-center/newsreleases...))

Sanjay Poonen (https://www.crunchbase.com/person/sanjay-poonen), Chief Operating Officer, Customer Operations and Security Strategy at VMware (https://www.vmware.com/company/leadership/sanja...)

Anshu Sharma (https://www.crunchbase.com/person/anshu-sharma), Co-Founder and Chief Executive Officer of Skyflow Data Privacy Vault (https://www.skyflow.com/company)

About Presidio Identity

Presidio Identity is a provider of cloud-based trust and identity services, founded in 2020 in the San Francisco Bay Area.  Contact info@presidioidentity.com or visit http://www.presidioidentity.com/ for more information.