Law enforcement face biometrics provider Clearview AI raises $8.6M
Clearview AI has raised just over $8.6 million in funding from undisclosed investors, though the associated paperwork has revealed the identity of a couple of the controversial face biometrics company’s board members.
According to an SEC filing, the fundraising round was launched in August, with outside investors contributing $50,000 or more. The filing also notes Murtaza Akbar of Liberty City Ventures and Point Bridge Capital Founder Hal Lambert as members of the company’s board of directors. Point Bridge created the MAGA ETF in 2017 to invest in companies “highly supportive of Republican candidates,” and Lambert was reported by the New York Times to have demonstrated the law enforcement tool for friends.
CEO Hoan Ton-That told Buzzfeed News that the company is grateful for the support of its investors and their commitment to helping the company “help law enforcement solve crimes.”
The new funding brings Clearview to a total of approximately $17 million since it was launched in 2017, according to Pitchbook.
The company was recently denied an attempt to dismiss a biometric privacy lawsuit in Vermont.