Long Ridge Equity completed the acquisition of a minority stake in AuthenticID for $100m.

Long Ridge Equity Partners, a private equity firm, completed the acquisition of a minority stake in AuthenticID, a provider of Identity Proofing solutions for large enterprises, for $100m. “Our platform is relied upon by a majority of the US wireless carriers and various identity platforms to securely establish identity. Our differentiator is the significant ROI we deliver to customers, from stopping more fraud to converting more sales than our digital identity competitors. Our mission is to improve the security for all of our collective identities," Jeff S. Jani, AuthenticID CEO.