December 30, 2014 -
Biometric ultrasound technology firm Sonavation announced it has acquired the assets of security identification firm Arkami for an undisclosed amount.
Sonavation designs and manufactures biometric sensors using ultrasound to provide secure authentication and protection for digital and physical environments for consumers and businesses.
Combining Arkami’s security identification technology with its biometric ultrasound solutions, Sonavation will soon release fingerprint authentication products that it claims is “virtually unspoofable”.
“As consumers and businesses are becoming increasingly vulnerable across the digital landscape, we want our customers to feel at ease knowing their critical digital information is protected, while still readily available at their fingertips,” said Bob Stewart, COO of Sonavation. “This acquisition allows us to further bolster our biometric security technology and provide a second-factor authentication solution that is unique to each end-user. In effect, all users will become their passwords.”
Arkami is best known for developing myIDkey, a USB drive that features a built-in display and fingerprint reader that has auto-fill capabilities for passwords and login information when attached to a computer.
In 2013, the company successfully raised $473,333 of its $150,000 Kickstarter goal, as well as $1.8 million in private funding for myIDkey.