Delta ID closes USD 5 mln Series A financing round

Friday 5 September 2014 13:13 CET | News

Delta ID, a biometrics authentication company focused on iris recognition, has closed a USD 5 million Series A financing round.

The funding period was powered by strategic investors including Intel Capital. Intel’s interest in Delta ID fits with a stated initiative to move away from passwords and toward biometrics.

Delta ID’s patent pending solution, ActiveIRIS, is aimed at mass-market computing devices. According to the company, ActiveIRIS is fit for both mobile and PC use. Delta ID is also looking to enable electronic payments and transactions markets for its customers.

Delta ID is a US-based biometric authentication company. Their technology is the first iris recognition technology ready for mass market devices - mobile phones, tablets, laptops.

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Keywords: Delta ID, iris recognition, Series A, financing , biometrics, digital identity, online security
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime