8 years ago

B-Secur Raises $4.5M for Heartbeat Biometric Authentication Technology

  • B-Secur, a Northern Ireland-based company, has raised £3.5 million (~$4.5 million) in late-stage seed funding for its biometric authentication technology that uses an individual's unique heartbeat pattern

  • The investment comes from a syndicate of UK and Ireland-based investors, including Accelerated Digital Ventures, Kernel Capital, Woodford Investment Management, and British Business Bank

  • B-Secur's technology is being licensed into a number of end-user applications, including automotive, financial services, access control, and smart cities

  • The company plans to use the new funds to expand its current work in the UK, Ireland, and the US.

      • ProblemTechnology

      "Currently, authentication methods like facial or fingerprint recognition are easily spoofed, making them vulnerable to hackers."

      Solution

      "B-Secur's technology uses your unique heartbeat pattern to authenticate your identity, offering a more secure and robust form of authentication compared to traditional methods. They are licensing their algorithms to various companies for integration into their products and services."

      Covered on