ID.me (TechBUZZ ’11 Spring) raises $3M bridge toward $7.5M Series B
ID.me, a company that helps retailers validate the credentials of military service members and other customers claiming discounts, has raised $3 million in convertible debt, according to a filing made Thursday with the SEC. The raise will function as a bridge toward a round totaling $7.5 million.
The first securities in the round were sold March 9. Founder Blake Hall confirmed the McLean-based company is aiming to complete a Series B round, just about a year after its $10 million raise in March 2014.