Consumer & Enterprise
Strategic Advisory, Market Representation, Corporate Development
EyeVerify, an innovator of mobile authentication solutions focused on mobile payments and security, engaged ADG to deliver commercial partnerships with China smartphone companies and mobile payment providers.
EyeVerify had limited relationships with the key companies in the China ecosystem and didn't have the time or resources to build a local China team in advance of closing some commercial wins and proving out the market.
ADG acted as EyeVerify's China team for over 3 years with roles evolving with the company's success, while deploying the right resources to support commercial, marketing and corporate development activities.
- Licensing agreements with 7 smartphone OEMs
- Pre-revenue series A investment of US$6 million led by China’s Qihoo 360
- Major multi-year commercial cooperation deal with Alibaba’s Alipay
- Exit to Alibaba affiliated Ant Financial for over US$100 million