Digital ID verification firm Jumio Corp. has raised $15 million in a new round that included Centana Growth Partners LP and Millennium Technology Value Partners.

Founded in 2010, Jumio offers next-generation digital ID verification that is claimed to enable businesses to reduce fraud and increase revenue while providing a fast, seamless customer experience.

The company’s platform uses computer vision technology to verify credentials issued by over 200 countries in real time web and mobile transactions; put more simply they are able to verify documents like passports and driver’s licenses over the web, or as we described their NetSwipe product back in 2011:

NetSwipe customers simply show their card to the video camera on their smart phones, laptops, desktops, or anything with an Internet connected camera. It takes just seconds for the Jumio service to read the information on the card, check for fraud, and complete a payment.

Jumio’s clients include companies working in financial services, the sharing economy, retail, travel and online gaming sectors, and is booming with 65 percent growth in recurring revenue year-over-year, and a record 30 million transactions completed to-date.

“As an industry we’re just scratching the surface on what ID verification will become. Companies are looking for higher levels of guidance on new and emerging processes to manage their on-line and mobile business including ID verification and ID proofing that combine one or two government issued IDs, with live photo and facial recognition, along with inferred data,” Jumio Chief Executive Officer Steve Stuut said in a statement. “With our large customer base, the added support of Millennium Value Technology Partners fully funds our business and enables us to execute our vision even more rapidly and broadly — and provide the business solutions necessary to help combat the growing threat of fraud.”

Odd

Despite seemingly positive numbers Jumio has had what could best be described as a checkered history, including it going into bankruptcy earlier this year until it was acquired by one of its investors, the guy Mark Zuckerberg screwed over in the early days of Facebook, Eduardo Saverin.

At the time of its bankruptcy and subsequent sale the company said in a statement that “certain legacy issues combined with related government investigations and proceedings have made it difficult for Jumio to secure necessary funding for its operations,” which according to VentureBeat may have involved (SiliconANGLE makes no claims on the matter) former Chief Executive Officer Daniel Mattes fiddling with the company’s books.

The new round would suggest despite the drama Jumio is back on track under the steady guidance of both current Chief Executive Officer Stuut and Singaporean citizen Saverin.

Jumio said it would use the new funding to extend its leadership position in the digital ID verification space, aggressively expand its sales and marketing efforts, and accelerate product development and international expansion.

Image credit: Jumio.