Biometric Signature ID Receives Award from the State of Texas Emerging Technology Fund

Funding Rounds

▤ Summary

The TETF Commercialization Award recognizes groundbreaking solutions and funds early-stage investments in new, technology-based, private entrepreneurial entities to help accelerate time-to-market, stimulate economic growth through the creation of new jobs, and attract more cutting-edge companies to the State of Texas.As cyber attacks continue to exploit vulnerabilities in people, processes and technologies, using multi-factor authentication, identity proofing is even more critical to reduce security risks, exceed regulatory compliance requirements and corporate responsibility mandates.Incorporating “Gesture Biometrics” as part of a fixed or mobile “defense-in-depth” protocol, assures maximum visibility of audit trails, accountability, and compliance with corporate policies, regulations, and cyber laws.Biometric Signature ID was one of three companies being awarded funds from this recent TETF selection, receiving $550,000 to help bring their patented identity management products to the marketplace.Incorporating “Gesture Biometrics” as part of a fixed or mobile “defense-in-depth” protocol, assures maximum visibility of audit trails, accountability, and compliance with corporate policies, regulations, and cyber laws.Biometric Signature ID was one of three companies being awarded funds from this recent TETF selection, receiving $550,000 to help bring their patented identity management products to the marketplace.

$ Funding

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Amount - Total raised
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Date March 9, 2011 Announcement date
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Investors State Of Texas' Emerging Technology Fund Lead investors
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Company www.biosig-id.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
EduTech - learning

◇ AskAI Classifications

Labels
Cyber Security Biometric Authentication Software Development

▦ Linked Companies