Veteran Technology Executive will Guide Digital Identity Verification Leader in Next Phase of Expansion
New Socure CEO Tom Thimot (center) joins co-founders Sunil Madhu, Chief Strategy Officer (left) and Johnny Ayers, Senior Vice President (right), to lead company's next phase of expansion
NEW YORK, April 25, 2018 -- Socure, the leading provider of predictive analytics for digital identity verification, today announced that veteran technology executive Tom Thimot has joined the company as Chief Executive Officer. Tom brings decades of management experience scaling sales and operations at private and public technology companies, and will align the company to capitalize on the explosive demand for its digital identity verification service across key industry sectors. Sunil Madhu, founder and original CEO, will focus on platform innovation and work with Tom on new market opportunities as Socure’s new Chief Strategy Officer.
“Tom and I worked together at Netegrity to grow the identity and access management business many years ago,” said Sunil Madhu. “I'm thrilled to work with him again at Socure and glad to pass the baton so he can help us accelerate the next phase of our growth as a pioneer of trust in digital identity.”
Tom Thimot joins Socure from Clarity Insights, where as CEO he built the company into the largest big data analytics consultancy in the US, significantly increasing revenues and shareholder value. Previously, he was COO of Kazeon (acquired by EMC), CEO of GoRemote (acquired by IPass), EVP Worldwide Sales, Service and Support for Netegrity (acquired by Computer Associates) and CEO of CaseCentral (acquired by Guidance Software).
“I couldn’t be more excited to join my longtime friend and colleague Sunil and the entire Socure team. We are the first company to solve the digital identity verification issues that plague every consumer-facing company by applying advanced data science to online, offline and social data,” said Tom Thimot. “The market opportunity and applications for Socure’s technology span a wide range of industries. We are in the right place at the right time. I look forward to further accelerating our expansion, while maintaining Socure’s focus on customer satisfaction and innovation.”
Media Contact: Marc Gendron Marc Gendron PR for Socure 781-237-0341 email@example.com
Socure is the leader in Day Zero digital identity verification technology. Its predictive analytics platform applies artificial intelligence and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real-time. The company has more than 300 customers across the financial services, gaming, telecom, and eCommerce industries, including three of the top five US banks, eight of the top 10 card issuers, three of the top MSBs, the largest payroll service, the second-largest retailer in the world, and over 100 of the largest and most successful fintechs such as Varo Money, Public, Chime, and Stash. Socure recently received numerous industry awards and accolades including being named “Best New Technology Introduced over the Last 12 months – Data and Data Services” at the 2020 American Financial Technology Awards (AFTAs), ranked number 70 on Deloitte’s Technology Fast 500™, being named a Gartner Cool Vendor, recognized by Forbes as one of the “Top 25 Machine Learning Startups to Watch,” listed to CB Insights: The Fintech 250, and awarded Finovate’s Award for Best Use of AI/ML, to name a few. For more information visit www.socure.com.