New Funding Backs Unibeam’s SIM-Driven Fix for Broken Authentication Systems - New York Tech Media

New Funding Backs Unibeam’s SIM-Driven Fix for Broken Authentication Systems - New York Tech Media

The stakes for digital identity have never been higher, particularly in an era where digital impersonation and AI-driven fraud are on the rise. This mounting crisis demands immediate action. In response, Israeli startup Unibeam has raised $6 million in seed funding, led by NFX with participation from AnD Ventures, to introduce a radically different approach to authentication: one that doesn’t rely on guesswork, apps, or even user input. Instead …

Unibeam Raises $6M Seed Funding for SIM-Based Authentication Technology

Israeli digital identity verification startup Unibeam has secured $6 million in seed funding to advance its innovative SIM-based authentication technology. The funding round was led by NFX with participation from AnD Ventures, coming at a time when major platforms are moving away from traditional SMS-based authentication. Unibeam’s authentication solution uses both physical SIM cards and eSIMs to provide cryptographic authentication without requ…