Symantec Ventures

Making banking work, without the paperwork

Neobanks

Credit Sesame offers a no-fee digital bank account called Sesame Cash via a mobile app and website. The account has no minimum balance requirement, no overdraft fees, no monthly service fees, and comes with a debit card that operates on the MasterCard network and is designed to help customers build their credit. Customers can connect their Sesame Cash card to Apple Pay, Google Pay, or Samsung Pay, and up to USD 250,000 is insured by the FDIC.The company also offers a marketplace with a range of options for credit cards, loans, and insurance based on a customer’s credit score, along with a free credit monitoring service, USD 50,000 in identity theft insurance, and targeted money-saving offers based on the user’s financial goals.Key customers and partnershipsCredit Sesame partnered with i2c, a provider of digital payments and banking technology in March 2022, to power the Sesame Cash Card until 2025.Fundings and financialsThe company raised USD 51 million in growth capital in June 2021. The investors that took part in the funding round have not been disclosed. It used the fresh funds to expand its financial wellness platform.

Gori Company specializes in shipping technology and supply chain management system services. Gori has established itself as an industry leader by achieving a significant milestone - becoming the first-ever USPS qualified GDE (Global Delivery Excellence) program through its innovative Gori.AI solution. With USPS certification as an e-VS (Electronic Verification System) technology partner and PPC (Postage Payment Certification) integration, Gori has successfully asserted its dominance in both the international and domestic markets.

Credit Sesame is a credit and loan company that makes consumer credit and loan management simple and automated. The company marries its deep understanding of how personal credit works with the latest in digital banking to offer the only free online and mobile digital banking service that helps consumers manage and grow their credit and cash in one place as they spend and save.  Credit Sesame also provides personalized recommendations regarding personal loans, home loans, student loans, credit cards, and refinancing opportunities that can help members improve their credit and spending power. It gives its members free access to credit score monitoring, credit reports, and identity protection tools. Credit Sesame was founded on April 1, 2010, and is headquartered in Mountain View, California, United States.

Headquartered in Silicon Valley, ShieldX is funded and founded by a consortium of veteran investors, serial entrepreneurs, and colleagues from well-known security companies. We’ve succeeded in our shared vision and mission to build a platform that ends unacceptable trade-offs and redefines security. And we’ve done it through expert execution and by following three primary guidelines. First, to truly deliver a quantum leap in innovation, a company must first embrace it. From inception, we’ve run our business and built our product using the same emerging technologies and cloud principles, models and tools as our customers. Second, to create the best technology and customer experience, our diverse human capital is our most important asset. Each member of our team, like each of our platform’s microservices, is selectively recruited to serve a vital leadership role aligned with their extensive and unique expertise. Finally, like our product, the whole of our business including our team, its vision and culture, should be greater than the sum of its parts. Acquired by Fortinet, Inc. (Nasdaq FTNT) ShieldX Investors: Bain Capital, Symantec, FireEye, NTT Security, Aspect Ventures, Thomwest Ventures & Ashar Aziz Fund (Founder of FireEye)

Backupify, a Datto brand, provides cloud-to-cloud backup, allowing businesses to extend best practices for data safety and accessibility to the cloud. Backupify provides IT professionals with the protection and control they require to protect against data loss caused by user mistake, external attacks, and service outages.

Symantec Ventures is an active, strategic partner at key stages of a startup’s growth. They are dedicated to helping visionary entrepreneurs protect the Cloud Generation and work with Symantec to stop tomorrow’s advanced threats.

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