Menu
Telstra taps into mobile security from TeleSign

Telstra taps into mobile security from TeleSign

US authentication company to use telco’s reach for Asia-Pacific growth ahead of IPO

Comments

Telstra has made a non-controlling equity investment in TeleSign, which will see it offer its customers the mobile security firm’s identity and protection solutions.

The telecommunications provider refused to comment on the value or stake percentage of the deal.

TeleSign, established in 2005, is a Californian developer of two-factor, phone-based verification tools for online accounts.

Its solution requires users to enter username and password credentials, and combine these with a one-time verification code sent via SMS, voice, or mobile application to access an account.

“The TeleSign solution brings additional security to data and identity, enabling a safe and confident service experience,” Telstra Ventures managing director, Mark Sherman, said.

According to a statement from Telstra, the telco is currently exploring means of delivering the technology to its customers.

TeleSign’s interest in Telstra is part of its Asia-Pacific growth strategy in which it intends to leverage the telco’s market share and customer relationships for growth.

Read more: BYOD challenge lies in diversity of devices: BAE

The firm recently completed a Series B financing round where it raised $US40 million.

TeleSign chief executive officer (CEO), Steve Jillings, claims the company has doubled revenue in its last four financials years, and expects to maintain this growth rate as it looks at making its initial public offering (IPO).

Jillings said, “The investment will allow us to work closely with Telstra, combining our expertise and their regional experience to better serve customer needs.”

TeleSign currently operates in more than 200 countries, servicing 3.5 billion accounts.

Read More:

Follow Us

Join the ARN newsletter!

Error: Please check your email address.

Tags protectionidtelecomsIdentityTelesignauthenticationTelcomobileTelecommunicationsTelstrasecuritymobility

Upcoming

Slideshows

IN PICTURES: VMworld 2015 Asia-Pacific and Japan party (+ 32 photos)

IN PICTURES: VMworld 2015 Asia-Pacific and Japan party (+ 32 photos)

VMware recently held an Asia-Pacific and Japan party for its partners in San Francisco following two days of keynotes and sessions. Whilst mingling and enjoying drinks and finger food, the partners were joined by VMware management who also took the opportunity to let their hair down to have some fun.

IN PICTURES: VMworld 2015 Asia-Pacific and Japan party (+ 32 photos)
IN PICTURES: VMworld 2015 sponsor and partner showcase (+41 photos)

IN PICTURES: VMworld 2015 sponsor and partner showcase (+41 photos)

VMware's sponsors and partners used the opportunity at VMworld 2015 to showcase some of their technologies. At an exhibition hall, these vendors educated those that popped by their stands on these solutions and addressed some of the issues surrounding mobility, datacentres, and the Cloud. SOme of the big names there included f5, Palo Alto Networks, HP, Intel, Samsung, and Symantec.

IN PICTURES: VMworld 2015 sponsor and partner showcase (+41 photos)
IN PICTURES: VMware's VMworld 2015 day 1 (+13 photos)

IN PICTURES: VMware's VMworld 2015 day 1 (+13 photos)

VMware has kicked off VMworld 2015 in San Francisco and the first day saw keynotes from its president and CEO, Carl Eschenbach; executive vice-president and general manager, Bill Fathers; and executive vice-president and general manager of SDDC, Raghu Raghuram; amongst others. VMware also made Cloud-related announcements and demonstrated its latest technology.

IN PICTURES: VMware's VMworld 2015 day 1 (+13 photos)

iasset.com is a channel management ecosystem that automates all major aspects of the entire sales, marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

Show Comments