Jumio has announced funding of $15 million from Centana Growth Partners and Millennium Technology Value Partners.

The company, which specialises in identity verification services for travel companies, as well as businesses in other sectors, will use the funds for product development and further expansion.

It also plans to boost its sales and marketing efforts as well as recruit for positions across offices in the UK, US and Austria.

The investment is a far cry from Jumio’s fortunes earlier this year when it filed for bankruptcy protection and talked of a sale of its assets.

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