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Global Identity Management
SiLC Technologies Inc, a developer of integrated single-chip frequency modulated continuous wave (FMCW) LiDAR solutions, has announced it has raised $12 million in seed funding led by Dell Technologies Capital. The money is expected to be used by SiLC to fund its research and development (R&D) department to help with the production of its FMCW […]
The identity verification startup Persona has pulled in $17.5 million in Series A funding. The money comes primarily from investment firms, most notably Coatue and First Round Capital. Persona was co-founded by two engineers (Square’s Rick Song and Dropbox’s Charles Yeh), and plans to use the funds to expand the scope of its operations. The […]
TypingDNA is maintaining its upward trajectory with $7 million in Series A funding. The round was led by Google’s AI-oriented Gradient Ventures fund, and also garnered significant contributions from GapMinder, Credo, and Techstars Ventures. As the name would suggest, TypingDNA is a typing biometrics specialist that authenticates users based on their typing patterns. The company […]
The Israeli startup Viisights has received $10 million in a round of Series-A funding led by Canada’s Awz Ventures. Viisights is a behavioral recognition specialist and the developer of the Viisights Wise solution, which uses AI to analyze video surveillance footage in real time. Unlike traditional object recognition platforms that can only identify discreet objects, […]
Incode, a provider of secure biometric products for banking, payment and retail industries, recently announced that it has secured $10 million in funding to accelerate the growth and adoption of Incode Omni, its new biometric identity platform Incode Omni is being touted as a pioneering omnichannel biometric identity platform, and some of the tools that […]
Biometrics News – Facial Recognition The fashion brand Ruti is looking to expand with $6 million in Series A funding. While some of the money will be used to open new retail locations and improve its online storefront, some of it will be used to develop a proprietary facial recognition platform that will offer a […]
Yoti has secured £8 million in new equity investment in the company’s third successful funding round since its debut in 2017. The new funds will be invested in product development and expansion as the company searches for new partners. “Over the past few years we have invested about £65 million to develop our privacy-preserving identity […]
Hong Kong-based AI specialist Megvii has raised $750 million through its latest funding round, the company has announced. The news comes after Megvii raised $600 million in an investment round last year, and amid speculation that the company is planning an IPO. It’s now valued at a little over $4 billion. The announcement also comes […]
“Alcatraz AI has indicated that it will use its new capital to further refine its computer vision technology…” Alcatraz AI, a biometric AI startup founded by a former Apple engineer, has brought in $6 million in venture capital through a new funding round. The company specializes in 3D facial recognition for access control. It was […]
“Much of the excitement can be attributed to a broader buzz over the emergence of fingerprint-scanning payment cards, an area in which Zwipe has established a solid footing ahead of large-scale rollouts.” Zwipe‘s big share offering last week proved to be a great success, the company reports. The fingerprint biometrics specialist had announced that it […]
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