Announcing $43M in Funding, AnyVision to Scale Biometric Access, Authentication Solutions

“Anyvision says it sees a ‘significant growth opportunity’ for Touchless Access Control as organizations across a number of sectors seek to reopen their doors to large numbers of individuals“

AnyVision has raised $43 million in funding and will use the capital to scale its biometric access control and remote authentication offerings, the company has announced.

The facial recognition specialist has become another of the biometrics companies that are seeing growing investor excitement as the COVID-19 pandemic has helped to drive up interest in touchless solutions. As AnyVision put it in announcing the funding, this is “a time when demand for innovative technologies that help companies meet the challenges of the new reality is soaring.”

“We offer the most accurate, enterprise-grade solution in the market today to help our customers create safer, seamless experiences for people returning to work and by providing better, faster access to remote services on personal devices,” asserted AnyVision CEO Eylon Etshtein. “With this additional funding, AnyVision will accelerate the delivery of these critical capabilities for businesses that are reimagining the way people access physical spaces and virtual services, both now and beyond the current crisis.”

The news comes after AnyVision’s launch of its Touchless Access Control system in July. The solution is designed to use facial recognition to identify registered individuals as they approach a point of entry, opening doors without requiring the subjects to slow down.

Anyvision says it sees a “significant growth opportunity” for Touchless Access Control as organizations across a number of sectors seek to reopen their doors to large numbers of individuals. The company also reports “strong demand” for its Remote Authentication solution for personal devices, especially in the areas of banking, healthcare, travel, and online gaming.

The growing activity in these areas should help AnyVision to further broaden its business portfolio beyond biometric surveillance, an area in which it has seen some controversy.

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September 4, 2020 – by Alex Perala