In this month's Investing in Identity series, we break down the latest industry trends including:

• Movers & Shakers: Socure's $450MM raise at a $4.5B valuation in identity verification, Permutive's $75MM raise in privacy-first infrastructure for advertising, Neuro-ID's $35MM for behavioral analytics, and more
• M&A Activity: McAfee's going private in a $14B deal and SecureAuth acquires Acceptto to fuel additional action in passwordless solutions
• Musings of the Month: The internet was built without an identity layer. Will the metaverse? Here are our predictions on how governments, eIDs, and self-sovereign identity will play a role in building verifiable credentials for virtual reality.