Sumeru Equity Partners completed a $70m investment in iProov.

Sumeru Equity Partners, a growth capital firm, completed a $70m investment in iProov, an online biometric face authentication developer. “This investment by one of America’s leading growth funds recognizes the preeminent position we have established. Our potential is enormous and we now have the resources to scale in the United States and worldwide. Our strong balance sheet will give our customers and partners confidence in our long-term ability to keep them and their customers secure," Andrew Bud, iProov Founder and CEO.