Israeli Cybersecurity Firm BioCatch Sold to Visa for $2.4 Billion in Cash
Israeli cybersecurity company BioCatch has been acquired by Visa for $2.4 billion in cash. Founded in Israel, BioCatch specializes in behavioral biometrics and fraud prevention technologies. To date, the company has raised $115 million from venture capital funds and private investors. It currently employs approximately 400 people. This deal ranks among the largest private transactions in the Israeli high-tech sector to date. The acquisition highlights the growing global demand for advanced cybersecurity solutions, particularly in the financial services industry.
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