01 December, 2009
category: Biometrics
Privaris, a developer of biometric authentication solutions, have managed to raise more than $2 million through offerings including converting promissory notes and $500,000 in cash, according to a Tech Journal South article. The new funds, which can be seen in the company’s most recent SEC filings, follows $18.2 million raised in venture backing since 2005 from a number of investors. Otherwise, Privaris also holds a number of patents on various biometric technology and procedures.
Read the full story here.