Tascent raises $18.5 m for iris recognition project
30 November 2015 11:06 GMT

Biometrics and identity startup Tascent has raised US$18.5 million in Series A funding for a iris recognition and mobile biometric identity project it is developing.

The company has said it will use the funds to build upon the success of its biometric technology platform.

One of the few companies to offer solutions for both fixed and mobile iris recognition, Tascent's existing customers include Dubai International Airport, London Gatwick Airport, and several high security facilities in the US. The company has a global presence with offices in the US, UAE and Singapore.

Tascent CEO Dean Senner said, "Over the past few years, biometrics has become a positive and impactful aspect of our daily lives. We're excited to build upon this momentum with highly accurate and easy-to-use identity solutions that contribute to a safer and more efficient world."

He added, "Our strength in iris recognition, along with products that embrace multiple biometric modalities including fingerprint and face recognition, empowers us to deliver flexible and customizable solutions to customers globally."