Have VCs Been Investing in the Wrong Places?
Welcome to FindBiometrics’ digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Senate…
venture capital
Articles tagged with venture capital
AI Update: There’s a Joke in Here Somewhere…
Welcome to the newest edition of FindBiometrics’ AI update. Here’s the latest big news on the shifting landscape of AI and identity technology: OpenAI has…
Anonybit Brings Funding to $8M as Privacy-by-Design Platform Generates Excitement
Anonybit has raised an additional $3 million in funding, bringing the startup’s total to $8 million. The seed extension round was led by JAM FINTOP, a…
Visa and Mastercard Are Using Biometric Tech Sourced From a Sanctioned Chinese Firm
Mastercard and Visa are using facial recognition technology whose algorithm is sourced from SenseTime, one of the Chinese AI firms that have been blacklisted…
Ping to Target IAM Startups With New $50 Million Venture Fund
Ping Identity is creating a new venture capital fund to help drive innovation in the identity space. The newly launched Ping Ventures will operate under the…
ID Tech: Why VCs Are Still Betting On Facial Recognition After the Tech Bubble Burst
A few weeks ago, we looked at how the bursting tech bubble is affecting funding for biometrics companies in the private markets. It wasn’t pretty. Investment…
The Tech Bubble Is Bursting. VCs Are Nervous. What Does That Mean for Biometrics?
Market watchers have predicted 30 of the last three crashes, but this time the tech bubble really does seem to be bursting. In April, the Nasdaq had its worst…
Mobile-based Biometric Authentication Startup Raises $6.2M
OwnID is looking to expand after bringing in $6.2 million in seed funding. The company currently has roughly 20 employees, and wants to double that number in…
Selfie Onboarding Specialist Announces $20M Series A
Shufti Pro has raised $20 million in a Series A funding round, attesting to the considerable excitement about selfie-based remote onboarding technologies. In a…
Passage Launches Beta Version of New Passwordless Authentication Platform
A new player is entering the increasingly competitive authentication market. Passage is a passwordless authentication specialist that seeks to take advantage…