Diamond Fortress Technologies

Birmingham, United States Founded: 2012 • Age: 14 yrs Acquired By Telos
Provider of biometric identity security solutions
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About Diamond Fortress Technologies

Diamond Fortress Technologies is a company based in Birmingham (United States) founded in 2012 was acquired by Telos in August 2021.. Diamond Fortress Technologies has raised $860.43 thousand across 3 funding rounds from investors including Telos and Bank4you.lu. Diamond Fortress Technologies offers products and services including ONYX, Xacta, and IDTrust360. Diamond Fortress Technologies operates in a competitive market with competitors including Allegion, BitGo, HID Global, Megvii and Yoti, among others.

  • Headquarter Birmingham, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Telos Corporation
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Software Development & Engineering
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $860.43 K (USD)

    in 3 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Jan 23, 2015

  • Investors
    Telos

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Telos

    (Aug 02, 2021)

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Products & Services of Diamond Fortress Technologies

Diamond Fortress Technologies offers a comprehensive portfolio of products and services, including ONYX, Xacta, and IDTrust360. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Touchless mobile fingerprint biometric for secure authentication.

Automates cybersecurity risk management frameworks.

Manages know-your-customer processes for onboarding.

People of Diamond Fortress Technologies
Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Mac Funchess
Director, Operation
People
Elizabeth Radcliff-Hatcher
Executive Administrator
People
Chris Wheatley
Senior Software Engineer
People
Will Lucas
Chief Software Engineer

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Teams

Funding Insights of Diamond Fortress Technologies

Diamond Fortress Technologies has successfully raised a total of $860.43K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in January 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Seed — $500,000
  • First Round

    (12 Apr 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2015 Amount Seed - Diamond Fortress Technologies Valuation Bank4you.lu
Mar, 2014 Amount Seed - Diamond Fortress Technologies Valuation

investors

Apr, 2013 Amount Seed - Diamond Fortress Technologies Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Diamond Fortress Technologies

Diamond Fortress Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Telos and Bank4you.lu. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Cloud-based cybersecurity software and consulting services are offered.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Diamond Fortress Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Diamond Fortress Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Diamond Fortress Technologies Comparisons

Employees
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Competitors of Diamond Fortress Technologies

Diamond Fortress Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Allegion, BitGo, HID Global, Megvii and Yoti, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based access control systems and electronic security products are developed.
domain founded_year HQ Location
Crypto-based custody, trading, and lending services are provided to institutions.
domain founded_year HQ Location
Cloud-based physical identity and access management systems are developed.
domain founded_year HQ Location
Facial recognition and AI video analysis solutions are provided.
domain founded_year HQ Location
Identity verification solutions are provided for multiple industries digitally.
domain founded_year HQ Location
Identity theft is protected and prevented through cyber monitoring services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Diamond Fortress Technologies

Frequently Asked Questions about Diamond Fortress Technologies

When was Diamond Fortress Technologies founded?

Diamond Fortress Technologies was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Diamond Fortress Technologies located?

Diamond Fortress Technologies is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.

Is Diamond Fortress Technologies a funded company?

Diamond Fortress Technologies is a funded company, having raised a total of $860.43K across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Apr 12, 2013.

What does Diamond Fortress Technologies do?

Diamond Fortress Technologies was founded in 2012 and is headquartered in Birmingham, United States. Biometric identity security solutions are offered in the technology sector, with operations centered on mobile devices. A rear-facing camera is utilized to capture finger images, which are then processed by proprietary algorithms to verify fingerprints and enhance security protocols. Services focus on identity verification for various applications.

Who are the top competitors of Diamond Fortress Technologies?

Diamond Fortress Technologies's top competitors include Megvii, Yoti and BitGo.

What products or services does Diamond Fortress Technologies offer?

Diamond Fortress Technologies offers ONYX, Xacta, and IDTrust360.

Who are Diamond Fortress Technologies's investors?

Diamond Fortress Technologies has 2 investors. Key investors include Telos, and Bank4you.lu.

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