TruTouch Technologies, an Albuquerque, NM-based developer of non-invasive biometric alcohol detection systems, raised $4.3m in B-1 funding.
Backers included iTulip, Inc. and Launchpad Venture Group.
The company intends to use the funds to expand its sales efforts.
Led by Dr. Richard D. Gill, President & CEO, TruTouch develops, manufactures and sells patented noninvasive biometric alcohol testing systems into both existing and emerging alcohol testing markets.
The company’s products employ an advanced alcohol detection technology that uses light to measure a subject’s alcohol level without collecting bodily fluids or other invasive means. A user places a finger on a fiber optic touchpad that analyzes the alcohol concentration in the user’s body while simultaneously verifying the identity of the user.
Current applications include:
Workforce Workplace Safety Systems
Future TruTouch applications include:
Medical Diagnostic Systems
Alcohol Point-Of-Sale Liability Reduction Systems
Law Enforcement Systems
Industrial Safety Systems
FinSMEs
01/02/2013