Transmit Security raises $543M to grow biometric passwordless authentication
Transmit Security has raised a whopping $543 million in Series A funding to back its efforts to replace passwords with biometric…
funding
Flywallet closes second Seed round to advance biometric wearable platform
Flywallet has successfully closed a second Seed financing round to bring its ‘biometric wearable platform as a service’ to market, with…
Asia continues face biometrics investment trend with Facetech and Hanet fundraises
A pair of biometrics providers in Asia have joined the recent fundraising frenzy, one a software startup and the other…
Behavioral biometrics market moves: Elisity raises $26M, D4t4 platform launch, BehavioSec patents
Cybersecurity startup Elisity has raised $26 million in Series A funding to scale its digital identity and behavioral biometrics-based enterprise…
OCR Labs raises €12.5M to bring ID doc and selfie biometrics checks to UK, Turkish markets
Australian startup OCR Labs has raised €12.5 million (roughly US$15.2 million) in a Series A funding round to bring its…
Face biometrics draws millions in investment, plus consideration, explanation and criticism
Facial recognition is the common theme of the most widely-read stories on Biometric Update this week, as the technology is…
CardLab launches $10M equity offering to fuel biometric card commercialization
CardLab has launched a potential $10 million equity offering as it works towards commercialization of its biometric smart cards. The…
Trust Stamp raises $4M to further biometric market penetration
Trust Stamp has completed a private offering which saw the AI-powered identity solutions company raise $4 million from new and…
Trulioo raises $394M at $1.75B valuation to tackle biometric verification market
Trulioo has raised $394 million in a Series D funding round the company claims is the largest ever for a…
Capital One Ventures invests in Socure digital identity analytics
Socure has boosted Capital One’s digital identity trust to increase card approval rates and slash false positives for its U.S….
