May 14, 2016 -
BioConnect announced this week that it is one of just 17 Canadian companies invited to take the stage this June at “48Hrs in the Valley”, a C100 project that introduces Canada’s most promising startups to Silicon Valley’s top mentors, investors and industry executives.
C100 is a non-profit, member-driven organization built by successful Canadian investors, entrepreneurs, and executives in Silicon Valley. Twice a year, they invite up to 20 promising young Canadian companies to Silicon Valley for 48 hours of mentorship, networking and investor meetings. “48Hrs in the Valley” has been a signature C100 program with over 200 alumni companies since 2010. These companies have collectively raised over $3.3 billion in funding to date.
To qualify, companies must have at least one Canadian co-founder, have a high month-to-month growth rate and have demonstrated market traction. C100 also looks for companies that can receive the most benefit from their time in the Valley, and gives them unparalleled access to an extensive network.
In a statement, the biometrics firm said key members of the BioConnect team will be travelling to Silicon Valley looking to make meaningful connections with smart and talented teams. “We are excited to gather new insights from incredible CEOs and other growing companies on how to continue to innovate and propel our next growth phase forward,” said Bianca Lopes, Director of Strategic Business Development at BioConnect. “We look forward to building some new partnerships and sharing how our Quest for Rightful Identity can make a global impact.”
BioConnect’s platform approach to identity enables enterprises across multiple industries to leverage biometrics as an authentication strategy that is both device and system agnostic. The company’s disruptive technology has been proven in the access control industry and is expanding into logical applications (computers, phones), IoT, machine learning and other applications.
“The next phase of BioConnect’s strategy will see us fundamentally changing how society accesses applications, processes, equipment, cars, or anything else that requires you to prove who you are,” said Lopes. “’48Hrs in the Valley’ will be a fantastic launching pad for this new phase we are experiencing at BioConnect and in the world of biometrics…. We are thankful for C100 to have picked us among such incredible peers in the Canadian landscape.”
In March, BioConnect announced that it had rebranded the company, changing its former name of Entertech Systems to what was one of its core biometric identity products, BioConnect.