Funding will accelerate advancement of multimodal biometrics
LOS GATOS, Calif., Aug 28 (Bernama-GLOBE NEWSWIRE) -- Tascent, Inc., the industry leader in intuitive biometrics, has raised $19.5 million in a Series B financing led by NEC Corporation and Tano Capital, with participation by Min Aik Technology Co., Ltd. The funding will be used to expand Tascent’s biometrics product and solution suite and extend its global footprint.
“The global market for biometrics is experiencing tremendous growth. We believe Tascent is uniquely positioned to provide biometric identity products and solutions that bolster safety and security, improve consumer experiences, and enable enterprise efficiency,” said Chuck Johnson, Managing Director of Tano Capital.
Tascent’s devices, software, and services utilize face, iris, and fingerprint biometric modalities to establish and verify identity in a way that is both accurate and simple to use. Deployed globally and serving tens of millions of people every year, Tascent’s products promote security and expediency in a wide variety of applications including consumer travel, enterprise access, employee identity, and government services.
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