Deepbridge Capital has backed Touch Biometrix in a Series A round to support the commercialisation of its fingerprint sensor technology.
"This new and substantial investment from Deepbridge will enable Touch Biometrix to build upon its development work with the aim of defining its first minimum viable product ahead of scaled product in early 2020."
The Series C financing was led by SBI Investment and Salesforce Ventures to support international expansion and product development.
"We chose to invest in Onfido because they have proven their expertise at using artificial intelligence to effectively fight fraud, giving businesses a safe and secure way to scale their businesses online."
Innogy Innovation Hub provided seed backing to help the security technology firm expand its footprint.
"We identify and back innovative companies and technologies that have the potential to transform infrastructure for the benefit of all and Calipsa’s technology is a great example of that. By automating video monitoring, they are helping to transform assets like buildings into smart organisms. Since launching the product in mid-2018 they have attracted a number of large customers, which is great validation for the product. We have been incredibly impressed by Rashid and his talented team and are thrilled to partner with them to accelerate their growth."
MMC Ventures led the seed round to support international expansion and technological scaling.
"Cyber-attacks are one of the greatest concerns for the modern business. Organisations’ networks are becoming increasingly complex and accelerated tech adoption creates additional noise for attackers to hide within. Meanwhile, attacker innovation is growing, and their techniques evade current cyber defence tools, which are unable to differentiate between genuinely malicious threats and merely new or unusual activity."