Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Lumidigm completes $7 million funding round

Tuesday, January 29, 2008

Lumidigm Inc., the multispectral imaging biometrics company, announced that it has completed a Series C $7 million funding round.

Sun Mountain Capital is a new investor with the company. Returning investors include Draper Fisher Jurvetson, Draper Fisher Jurvetson New England, Epic Ventures (formerly Wasatch Venture Fund), Intel Capital, International Venture Fund, Motorola Ventures, New Mexico Co-Investment Partners managed by Fort Washington Capital and Solstice Capital. Epic Ventures led the round.

Lumidigm’s expansion reflects demand for its Venus Series fingerprint sensors, which was introduced last summer. [end] 

Related Articles
Key Source integrates Lumidigm scanners

Key Source International announced that it has integrated the Lumidigm Mariner fingerprint reader into the KSI-1700 professional series keyboard system. Offering integrated security and auto ID in a HIPAA-compliant desktop solution, the KSI-1700 keyboard system with the Lumidigm reader will be introduced at HIMSS in Las Vegas.

read more »
Lumidigm partners with Tiger IT for iris and fingerprint solution

Lumidigm announced a partnership with Tiger IT Bangladesh Limited to bring a criminal identity solution that utilizes iris recognition and will also offer fingerprint recognition sensors from Lumidigm.

read more »
Poken gets $2 million in funding, readies move to Silicon Valley

Poken, a provider of NFC tag-based marketing solutions, has received $2 million in an investment round led by Swisscom Ventures and Credit Suisse to expand its U.S. sales operations.

read more »
Lumidigm names new CEO

The board of directors for Lumidigm announced the appointment of Mark Shermetaro, a member of the board, to chief executive officer of the company with current CEO and chairman Bob Harbour moving to the position of executive chairman of the board of directors.

read more »
NFC coupon firm Coupies to expand with new funding

Coupies, a German mobile marketing firm specializing in NFC coupons, has announced that it will expand its operations after landing a seven-figure funding round from CologneInvest, according to GigaOM.

read more »
Boku lands $35 million from Telefonica, NEA

Mobile payments start up Boku has received $35 million in funding from Telefonica Digital, the tech arm of Spanish mobile operator Telefonica, and New Enterprise Associates among other investors.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.