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itsme raises nearly €25M to expand digital identity app across Europe

Belgian digital ID app itsme has raised €24.7 million (US$29.3 million) in funding to take further steps towards providing a…

 

Balancing Citi Ventures’ biometrics investments between internal innovation, returns

One of the ways large financial institutions keep up with the need for innovative technologies to drive their digital processes…

 

Isorg raises €16M and plans FBI biometric certification, commercial market entry

Isorg has raised €16 million (roughly US$19 million) in a Series C funding round, and says the contributions of a pair…

 

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…

 

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…

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