/Companies

BehavioSec

acquired by LexisNexis Risk Solutions

Palo Alto, US · Founded 2017 · 6 known investors

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Acquired by LexisNexis Risk Solutions May 2022 · terms undisclosed · source ↗

BehavioSec provides behavioral biometrics and analytics that silently collect device and behavioral signals to detect fraud, verify identity, and generate risk scores in near real time. It is offered as part of the LexisNexis Dynamic Decision Platform for fraud prevention and digital identity across industries.

Founders & leadership

NCNeil Costigan
Neil CostiganCEO2008–2022Neil Costigan served as CEO of BehavioSec, which developed behavioral biometrics software for continuous user authentication and fraud detection, and previously co-founded Celo Communications, a cybersecurity firm specializing in PKI and adaptive authentication. He holds a PhD in Elliptic Curve Cryptography and brings over 30 years of technical and leadership experience across startups and corporations including Thales and LexisNexis.
OROlov Renberg
Olov RenbergCo-founder & VP2018–2022Founder and executive of BehavioSec, a behavioral biometrics firm acquired by RELX, which developed continuous authentication technology analyzing user typing, touch, and sensor patterns.
KN
Kristofer NybergFounder
KN
Kristofer NygrenFounder
PN
Peder NordströmFounder

Board

JP
Josh PouliotBoard director
KG
Ken GonalezBoard director
AY
Alberto Y?pezBoard director
CB
Chirs BarchakBoard director
SA
Simon AndrewsBoard director

Investors · 6

Reported raises · per SEC filings

Form D private placements

$16.9M disclosed across 1 round · 2018

▶$16.9MraisedFeb 2018 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Josh PouliotDirector
  • Ken GonalezDirector
  • Alberto Y?pezDirector
  • Chirs BarchakDirector
  • Simon AndrewsDirector
  • Neil CostiganExecutive Officer, Director, Promoter
  • Olov RenbergExecutive Officer, Director
Offering amount
$16.9M
Amount sold
$16.9M
First sale
Jan 2018
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does BehavioSec do?
BehavioSec provides behavioral biometrics and analytics that silently collect device and behavioral signals to detect fraud, verify identity, and generate risk scores in near real time. It is offered as part of the LexisNexis Dynamic Decision Platform for fraud prevention and digital identity across industries.
Who are BehavioSec's investors?
BehavioSec's investors include Cisco Investments, ForgePoint Capital, Northzone, Octopus Ventures, Cambridge Innovation Capital, NightDragon.
How much funding has BehavioSec raised?
BehavioSec has disclosed $16.9M raised across 1 round.
Who acquired BehavioSec?
BehavioSec was acquired by LexisNexis Risk Solutions.
Where is BehavioSec headquartered?
BehavioSec is headquartered in Palo Alto, US.