AnyVision raises $43M to scale touchless biometric access control, remote authentication technology
AnyVision has secured $43 million in funding that will be spent on further scaling its touchless biometric access control and remote authentication technology, following increasing demand for seamless access to both shared spaces and remote services, the company announced.
“Facial authentication is a core technology for enabling frictionless, intelligent operations,” AnyVision CEO Eylon Etshtein said in a prepared statement. “We offer the most accurate, enterprise-grade solution in the market today to help our customers create safer, seamless experiences for people returning to work and by providing better, faster access to remote services on personal devices. With this additional funding, AnyVision will accelerate the delivery of these critical capabilities for businesses that are reimagining the way people access physical spaces and virtual services, both now and beyond the current crisis.”
In an interview with Biometric Update, AnyVision said the touchless access control capability is the top priority for its partners and customers, just ahead of remote authentication.
It forecasts major growth opportunities across corporate real estate, banking and financial services, manufacturing and hospitality.
“Our core algorithm is trained on the most diverse data sets in the most challenging, real-world conditions and delivers the most accurate recognition in the industry, with or without masks,” AnyVision Chief Operating Officer Alex Zilberman said in the announcement. “More than that, our technology was engineered to protect individual privacy and eliminate risk from data breaches by storing only a mathematical vector of a person’s face, making it impossible to trace back to a users’ identity. That’s a combination that no other vendor in the computer vision space can match.”
AnyVision has been negotiating with Israeli defense contractor Rafael Advanced Defense Systems to start a new biometric facial recognition company with a defense focus; Rafael will own 50 percent of shares of the new joint business. The defense division will be kept separate from the division developing civilian-focused technology. Haaretz reports that the deal is in the stages of regulatory approval.
AnyVision raised $74 million in a Series A financing round last year.