Biometrics companies announce gains in revenue and stock price amid positioning for 2021
Publicly-traded companies in the biometrics space have reported progress on a range of fronts, from revenue gains by EyeLock to…
investment
IPO, financing and biometrics stock price hike signal optimism for growth year ahead
A series of announcements made over the holidays clearly indicate the momentum of investment in the biometrics market. Biodit has…
IDnow and Wise AI raise funds for biometric video KYC expansions
IDnow will gain €15 million (US$18.1 million) in growth funding from The European Investment Bank (EIB), which will be used to…
ALiCE Biometrics plans international expansion after €1.5M funding round
Gradiant spin-off ALiCE Biometrics has closed a €1.5 million (roughly US$1.8 million) investment round to fund the international development and expansion…
Signzy raises $5.4M to expand biometric video KYC platform capabilities, global reach
Signzy has raised $5.4 million in a funding round led by Arkam Ventures and Mastercard to help scale its biometric video…
Zenus Biometrics crowdfunding for ethical facial analysis at valuation near $10M
Zenus Biometrics is crowdfunding to raise capital for its facial recognition and ethical facial analysis business, raising just under $90,000…
ImageWare closes $2.2M equity round to support biometric authentication growth plan
ImageWare has announced the closure of a $2,187,000 senior secured bridge loan as it pursues biometric authentication software contracts in…
Aware appoints investor relations firm to alert capital markets of biometrics wins
Aware is planning a new investor relations program to publicize the success of its biometrics business, and has appointed Gateway Investor…
Kabn Systems and ITBiometrics launch new investment initiatives
Online identity verification company Kabn Systems has announced an update to its irrevocable subscription plan announced on August 18, 2020,…
Alibaba and China Mobile rumored to be investing $443M in Dahua’s biometric surveillance business
Dahua may be in line for a major investment in its biometric surveillance business from Alibaba and China Mobile, with Reuters reporting…
