Delta ID Inc., a Newark, California-based provider of biometric authentication solutions for mass-market computing devices, closed a $5m Series A financing.
Backers included Intel Capital and other strategic investors.
The company, which has raised $6.1M in total, intends to use the funds to expand adoption of its solutions.
Founded in 2011 and led by Dr. Salil Prabhakar, President and CEO, Delta ID has developed patent-pending ActiveIRIS® technology for iris feature extraction and comparison in conditions and scenarios where users typically use their mobile and PC devices in order to make electronic payments and other secure transactions markets more accessible to its customers.
FinSMEs
04/09/2014