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Telstra Invests in TeleSign

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LOS ANGELES, Calif. -- TeleSign has today announced that Australia's Telstra has made a strategic investment in the company.

TeleSign has pioneered Mobile Identity by creating mobile phone-based verification tools for online accounts. Many of the world's largest companies use TeleSign to manage and maintain the integrity of their customer networks by detecting suspicious users before account creation, and protecting their existing users from account compromise. Mark Sherman, Telstra Ventures Managing Director, explains how the digital revolution is pushing mobile operators to seek ways to unlock opportunities for consumers to use their mobile to complement their online presence, without being overshadowed by security concerns.

"The TeleSign solution brings additional security to data and identity, enabling a safe and confident service experience. We are excited to be part of the journey as the company continues to expand globally," said Sherman.

TeleSign Corp.

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