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Trade Notes

Trade notes refers to significant developments in the biometrics industry. This includes corporate appointments, venture capital, funding, mergers, acquisitions, litigation and launches.

 

Familiar faces take on new roles in biometrics and security

Several recent hirings and appointments are indicative of continued growth in the biometrics and securities sectors. Transitions at Wicket, Sift,…

 

Hard Yaka leads Universal Ledger’s $10M round for ID-first digital wallet

South Carolina-based Universal Ledger, which has emerged from stealth mode, has closed a $10 million round to launch a digital…

 

Elenium looks at a little-known tool for funding at $185M valuation

Another rainy-day funding scheme has found a fan in Elenium Automation, a face and palm biometrics supplier focused on the…

 

Okta leaders hit with insider-trading class action

A shareholder of cloud-based authenticator Okta has filed a potential class action against the company making a number of accusations…

 

Biometrics research community convenes in Switzerland to tackle top technical challenges

Biometrics researchers have an array of ideas for technologies, metrics and architectures to address the most serious threats to biometric…

 

SynSense raises new funding for 3D edge vision chips, expects to reach $29M in B round

Neuromorphic chip maker SynSense is expecting to raise more than 200 million RMB ($29 million) in its B round funding,…

 

Sale of Idemia may net less, result in a bust-up

Handicapping the sale of Idemia proves the advice about reading tea leaves. You have to drink the tea first. In…

 

Frontex invites companies to pitch border biometrics in preparation for EES

As European Union member states prepare for a new biometric border entry and exit system, European border agency Frontex is…

 

CheckpointID and IDScan move BIPA case to US federal court to keep lid on damages

A putative biometric privacy class action in the U.S. state of Illinois involving ID verifiers CheckpointID and IDScan.net has been…

 

Veridas folds in dasGate, raises €15M from partners for ambitious global expansion

Veridas has incorporated previously-independent company dasGate and collected 15 million euros (approximately US$16.5 million) from its partners to support its…

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