Yoti to expand global biometrics business after $10M investment at over $100M valuation
Yoti has raised £8.7 million (US$10.6 million) in new equity investment, according to EU Startups, and intends to use the…
investment
Trueface raises $3.7M to grow real-time facial biometrics business
Trueface has raised $3.7 million to scale its team and grow partnerships and market share for its real-time biometric facial…
AnyVision facial recognition deployment controversy pulls in Microsoft
Microsoft is receiving criticism for its involvement in biometric facial recognition, due to its investment in Israeli company AnyVision, Forbes…
AU10TIX receives $60M investment to pay off debt and fund growth initiatives
Private equity firm TPG Capital has made a $60 million investment in ABC Technologies, the holding company for identity verification…
Speech biometrics firm Uniphore receives $38M in funding to chase unicorn status
India-based biometric speech recognition and conversational AI company Uniphore has raised nearly $38 million in Series C funding round led…
Invixium announces software upgrade and new distributors as investor McRock increases stake
Invixium has launched a major software upgrade, including biometric face de-duplication, and announced a pair of new distribution deals, as…
Ipsidy raises $3.1M and prepares for listing on national exchange
Ipsidy has raised approximately $3.1 million in equity funding through subscriptions for common stock, in what the cloud biometrics platform…
U.S. may expand biometric and AI benchmarking as national strategy updated
The U.S. has revised its strategy for research and development of artificial intelligence, with an update from the White House…
Investment in Chinese biometrics firms Megvii and SenseTime by U.S. institutions draws scrutiny
Several U.S. lawmakers from both parties have expressed concerns about investment in Chinese facial recognition unicorns Megvii and SenseTime by…
Tu Identidad raises $600K to grow KYC platform with fingerprint and voice biometrics
KYC platform Tu Identidad has raised $600,000 to continue the development of its portable, user-owned, standardized digital multi-biometric ID credential…
