Iridian Technologies
Latest round
- Series C
Last raised
- Apr 2005
Total raised
- $5M
Investors
- 3
About Iridian Technologies
Iridian Technologies, Inc.Iridian Technologies, Inc. is headquartered in Moorestown, US, and focuses on iris recognition technology. In August 2006, the company was sold to Viisage Technology Inc. for USD 35 mn.Iriscan specializes in iris recognition technology, offering a robust suite of products and services designed to enhance biometric security solutions for organizations across various sectors. Their core offerings include iris recognition software and various biometric devices that function seamlessly in both cloud-based and on-premises environments. The technology delivers 100% contactless identification with an accuracy rate exceeding 99%, ensuring swift matching times of less than one second. Targeted end-use cases encompass security for high-value locations, identity verification for businesses, and humanitarian applications, reflecting the company's commitment to diverse customer needs.Iriscan generates revenue through subscription-based models and direct partnerships with clients, facilitating the implementation of their biometric solutions. The company's transactions typically involve long-term contracts where clients subscribe to their iris recognition services, often scaling according to the number of records processed monthly and the specific needs of the business.5 million records monthly, reflecting the flexibility and scalability of Iriscan’s offerings, allowing businesses to adapt their security solutions as their operations grow.Iriscan plans to innovate further by designing new products and enhancing its iris recognition technology. Expansion into emerging markets in Asia and Africa is targeted over the next three years.
Who invested in Iridian Technologies
3 investors across 1 round
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Funding rounds
Series C
Apr 11, 2005
Amount
$5M
Investors
Questions about Iridian Technologies
Who invested in Iridian Technologies?
Iridian Technologies has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Iridian Technologies raised?
Iridian Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Iridian Technologies last raise money?
Iridian Technologies's most recent round on record is a Series C, in Apr 2005.
What does Iridian Technologies do?
Iridian Technologies is a consumer products company.
Where is Iridian Technologies headquartered?
Iridian Technologies is headquartered in Moorestown, US.
Which VCs invest in companies like Iridian Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Iridian Technologies's stage. Their profiles are linked below.
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