Biometric Signature ID, a developer of signature gesture biometric technology, is one of three Texas companies has been awarded a piece of the $6.35 million investment from the Texas Emerging Technology Fund (TETF), according to a Gov Monitor article.
The TETF was developed by the Texas state government to help foster growth and innovation in the Texas-based technology companies as well as attract other out-of-state companies to move their companies into Texas.
Biometric Signature ID’s total $550,000 investment they received from the fund is expected to help them with the commercialization of their different identity management product offerings. The company is working with the University of Texas at Austin to better commercialize their products which uses the unique way an individual logs into an account on a computer using their stylus and mouse.
Read the full story here.