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Facebook Buys Identity Verification Firm
Facebook has purchased startup Confirm, which uses pattern analysis to confirm identities.
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Confirm, a Boston-based identity verification startup, has agreed to be acquired by Facebook. The two companies have not disclosed the terms of their deal.
For three years Confirm has specialized in building technology that confirms user identities using photos of their driver's licenses or other forms of ID. The company has developed APIs and SDKs that can be integrated into applications for verification purposes.
Following the acquisition, Confirm has updated its website to state its current digital identity authentication software offerings will be wound down. It will join Facebook's office in Cambridge, Mass., but has not confirmed how many employees will stay with the company.
Read more details here.
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