6 years ago
ATM Security Secures £500,000 for Innovative Security Solutions
ATM Security, a Newcastle, UK-based company specializing in security solutions for utility substations, has secured £500,000 in funding from the North East Venture Fund (NEVF)
The investment will be used to build the management team and accelerate product development
ATM Security has developed a system that replaces traditional locks and keys, enabling central access control for utility sites and biometric verification of maintenance workers
This system is ideal for remote locations as it doesn't require a data network.
ProblemTechnology
"Utility companies have a huge problem managing access to their remote sites. They need a secure way to control access, but traditional locks and keys are often unreliable and easy to compromise. This makes it difficult for them to track who has been on site and when, and it leaves them vulnerable to theft and vandalism."
Solution
"ATM Security has developed a revolutionary new system that uses biometrics and mobile technology to control access to sensitive sites. Their system removes the need for traditional locks and keys, and it allows utility companies to control access from a central point. This makes it much easier to track who has been on site and when, and it makes it much more difficult for unauthorized people to gain access."
