Fenwick Represents Passbase in $3.6 Million Round of Funding

Fenwick & West represented Passbase, creator of a privacy-centric digital identity system, in its $3.6 million round of funding led by Cowboy Ventures and Eniac Ventures, followed by Seedcamp and other European investors.

With the latest round of funding, Passbase plans to bolster their existing identity verification product, launch a biometric-based reauthentication tool, and expand their teams in New York and Berlin. More information about the funding can be obtained from the company announcement.

The Fenwick transaction team included corporate partner Evan Bienstock and associates Matthew Holbreich and Melody Khorsandi.