News and insight into biometric identification and authentication

Lumidigm completes $7 million funding round

Tuesday, January 29, 2008

Lumidigm Inc., the multispectral imaging biometrics company, announced that it has completed a Series C $7 million funding round.

Sun Mountain Capital is a new investor with the company. Returning investors include Draper Fisher Jurvetson, Draper Fisher Jurvetson New England, Epic Ventures (formerly Wasatch Venture Fund), Intel Capital, International Venture Fund, Motorola Ventures, New Mexico Co-Investment Partners managed by Fort Washington Capital and Solstice Capital. Epic Ventures led the round.

Lumidigm’s expansion reflects demand for its Venus Series fingerprint sensors, which was introduced last summer. [end] 

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