Beehive Biometrics nabs $50K financing, plans beta testing soon
Beehive Biometrics – which launched this year — has received $50,000 of financing from a lone investor.
According Beehive’s website, the company uses “advanced identity technology, along with private and public data sources to establish the Beehive Identity Score” – its own measure of confidence to ensure users are backed by real people.
In a video submitted by the founders to a Microsoft Accelerator program — Dr. Alex Kirkpatrick and Mary Haskett — the two indicate that the modalities Beehive is most interested in are fingerprints, face and iris biometrics for identification and are planning a Biometrics-as-a-Service cloud system for developers.
According to the company’s CrunchBase profile, it is “building an API to allow developers to incorporate face recognition/face matching into their apps with one or two lines of code.”
First reported in the Austin Business Journal, the Austin, Texas-based company is scheduled to begin beta testing this month.
This company is quickly drawing investor interest. Earlier this month, according to a report in Xconomy, the company received another $20,000 for seed financing through the Microsoft Accelerator.
The company also says it is based upon “years of experience working with a wide variety of identity technologies, including social network analysis, face recognition, semantic text analysis, machine learning, sentiment analysis and temporal profiling.”