Danal, Inc., a majority owned U.S. subsidiary of Danal Corp [064260:KOSDAQ], is the premier global provider of mobile identity and authentication solutions driven by unique real-time connections to mobile operator networks and data. Danal’s Mobile Identity platform offers financial institutions and major retailers groundbreaking mobile transaction risk management services, and streamlined, customer conversion solutions that lower customer abandon rates during registration and checkout.
Danal is privately-held and headquartered in San Jose, California. Its strategic investor and majority shareholder, Danal Co., Ltd (Seoul, South Korea), pioneered Direct Carrier Billing (DCB) technology in Korea, Taiwan and China in 2000. An additional shareholder, Morgenthaler Ventures, also participated in Danal’s $9.5 million Series A investment in 2007. After announcing its first direct carrier payment connection with Verizon wireless in 2010, Danal Co. purchased additional equity in Danal to take a majority ownership position. In March 2012, Danal entered a marketing agreement with Discover to enable the two companies to drive market-leading innovation and value in a rapidly-evolving Omni Commerce [across online, mobile, and retail channels] marketplace.
Funding Rounds (2) - $14.5MUpdate
Current Team (11)Update
President & CEO
Chief Strategy Officer & GM Mobile Commerce
Head of Carrier Partnerships & Strategy
Chief Product Officer & General Manager
Mobile Commerce Services & Product Management
Vice President, Product and Operations
|May 12, 2016||Market Wired - Top - Danal Expands Mobile Identity Service With Best-in-Class TCPA Compliance Offering|
|Apr 4, 2016||MarketWatch - Danal and A2iA Announce Multi-factor Identity Verification Partnership|
|Aug 25, 2013||SEC - SEC FORM D|
|Jan 18, 2012||TechCrunch - Mobile Payments Company BilltoMobile Launches One-Click Checkout For The Mobile Web|
|Aug 28, 2007||danalcorp.com - Danal d/b/a BilltoMobile raises 9500000 in venture round|
|Jun 18, 2007||Boston Tech Flash - http://www.bizjournals.com/sanjose/stories/2007/06/18/daily62.html|
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2833 Junction Avenue
San Jose, California 95134