Monday, August 27, 2018

Tascent Takes $19.5M For Biometrics

Los Gatos-based Tascent, a developer of biometric technology, said this morning that it has raised $19.5M in a Series B funding. The funding was led by NEC Corporation and Tano Capital, and also included Min Aik Technology Co., Ltd. Tascent develops devices, software, and associated services for using facial recognition, iris, and fingerprints to verify identities. The company's founder and co-CEO is Joey Pritikin. The company said the new funds go to expand its products, and extend its global footprint.