FindBiometrics
Global Identity Management
Secret Double Octopus has secured $15 million in Series B funding. The company plans to use the funds to continue to develop its passwordless authentication technology for the enterprise. The Secret Double Octopus solution turns an employee’s phone into a physical security token to prevent unauthorized users from gaining access to the system. It also […]
The Dublin-based speech recognition specialist SoapBox Labs has secured $6.5 million in Series A funding. The round was led by Elkstone Capital and Astia, amongst other investors. SoapBox is currently working to develop more accurate speech recognition technology for children. The solution acknowledges that children typically have different speech patterns than adults, so speech recognition […]
“Increasingly, our platform is becoming mission critical to the largest organizations in the world, and we take our responsibility seriously to deliver on their expectations. This has become even more pronounced as remote work and E-commerce has surged in the wake of the COVID-19 pandemic.” – Fran Rosch, CEO, ForgeRock ForgeRock has raised $93.5 million in […]
Onfido’s upward trajectory continues. The identity verification specialist has secured $100 million in a new round of funding, adding to the $50 million the company received last April. The latest round of funding was led by TPG Growth. The funds have already been earmarked for several different purposes. At the most basic level, Onfido will […]
Behavioral biometrics specialist BioCatch has secured $145 million in funding through a Series C investment round, the company has announced. The round featured participation from Industry Ventures, American Express Ventures, CreditEase, Maverick Ventures, and OurCrowd, and was led by Bain Capital Tech Opportunities, a division of Bain Capital. “BioCatch has quickly established itself as a […]
The speech recognition specialist Deepgram has received $12 million in Series A funding. NVIDIA, Y Combinator, Compound, and SAP.iO, all participated in the funding round, though the round was ultimately led by Wing VC. Deepgram plans to use the funds to build better speech recognition solutions for enterprise-level customers. The company is specifically working on […]
Spain-based biometric authentication specialist FacePhi has received some significant financial backing from Nice & Green, a Swiss investment firm that offers investment capital to small and medium-sized listed companies. The latter has committed to delivering capital valued at 4 million euros through September of 2020. The backing will come in the form of warrants valued […]
“We appreciate the continued support of our existing investors and are delighted to welcome new investors who share our vision. We are starting the process of preparing the Company for an uplisting to a national exchange in due course, which we believe will be in the best interests of the Company and stockholders.” – Philip […]
Mobile biometric voting startup Voatz has received $7 million in series-A funding from a group led by Medici Ventures and Techstars, with additional contributions from the Urban Innovation Fund and Oakhouse Partners. The money will be used to make Voatz more accessible, and to upgrade its security as it trials the platform in more jurisdictions. […]
A UK FinTech startup is celebrating a big new funding round: Manchester-based Nivo brought in £2 million from GP Bullhound, the Angel CoFund, and EG Solutions CEO Elizabeth Gooch, and other investors. The startup only just launched in late 2018 as a spinoff from Barclays Bank, and specializes in secure instant messaging for financial services […]
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