Privaris

BiotechnologySeries ACharlottesville, USprivaris.com

Latest round

Series A

Last raised

Oct 2005

Total raised

$10M

Investors

4

About Privaris

Privaris Inc is a biometric technology company focused on providing secure authentication solutions. Founded in 2001 in Charlottesville, Virginia, the firm has successfully completed 13 deals, with Apple Inc. acquiring a majority stake as of June 26, 2015. The founder's background is not specified, and the company has not undergone notable pivots.Privaris Inc offers advanced biometric authentication solutions designed for seamless integration into various platforms. Their core offerings primarily include secure access technologies that leverage fingerprint and facial recognition to enhance user verification processes.Privaris Inc generates revenue through a direct sales model, focusing on integrating their biometric authentication solutions into existing customer systems.Privaris Inc plans to expand its product offerings by developing new biometric solutions that are expected to launch by the end of 2024. The company aims to target new markets, particularly in Europe and Asia, by 2025 to enhance customer reach.17 mn will be utilized to support product development initiatives and marketing efforts aimed at these new geographic regions.

Who invested in Privaris

4 investors across 1 round

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Funding rounds

  1. Series A

    Oct 29, 2005

    Amount

    $10M

    Investors

    Locked

Questions about Privaris

Who invested in Privaris?

Privaris has 4 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 Privaris raised?

Privaris has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Privaris last raise money?

Privaris's most recent round on record is a Series A, in Oct 2005.

What does Privaris do?

Privaris Inc is a biometric technology company focused on providing secure authentication solutions.

Where is Privaris headquartered?

Privaris is headquartered in Charlottesville, US.

Which VCs invest in companies like Privaris?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Privaris's stage. Their profiles are linked below.

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