Lumidigm Announces $7 Million Funding Round: Series C Funds to Support Customer-Centric Deployments of
Multispectral Imaging Fin
ALBUQUERQUE, N.M. (Business Wire EON) January 29, 2008 -- "Lumidigm has proven its ability to deploy its biometric solutions in critical real-world applications," said Brian Birk, Managing Partner of Sun Mountain Capital. "We see Lumidigm as an emerging market leader offering the next generation of biometric functionality."
Lumidigm's expansion reflects high demand for its Venus Series fingerprint sensors. Introduced last summer, the V-Series sensor is a high-volume, easy-to-integrate product that improves the high-quality image capabilities of the award-winning J-Series sensor.
"Lumidigm has the strong support of an experienced and diverse group of investors," said Stephanie Spong, Principal at Epic Ventures. "Together we see the genuine need for biometric solutions, such as Lumidigm's multispectral imaging biometrics, that have been proven effective in the real world. These new funds will ensure Lumidigm's continued ability to serve its customers with the best biometric solutions in the industry."
About Lumidigm Inc.
Lumidigm, Inc. deploys biometric systems that work quickly and effectively on all people in all environmental conditions using multispectral imaging. Lumidigm provides liveness-protected identity management for civil identification, point-of-sale, physical and logical access, time and attendance, and portable electronic device applications.
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