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Lumidigm Inc., the multi-spectral imaging biometrics company, recently announced
that it has completed a Series C $7 million funding round. “Lumidigm is grateful
for the continued support of our investor group,” said Bob Harbour, Lumidigm
President and CEO. “We are delighted to bring Sun Mountain Capital in as a new
investor of Lumidigm.” 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 has proven its ability to deploy its biometric solutions in critical
real-world applications,” said Brian Birk, Managing Partner of Sun Mountain
Capital. “We see Lumidigm as an emerging market leader offering the next
generation of biometric functionality.”
Lumidigm’s expansion reflects high demand for its Venus Series fingerprint
sensors. Introduced last summer, the V-Series sensor is a high-volume,
easy-to-integrate product that improves the high-quality image capabilities of
the award-winning J-Series sensor.
"Lumidigm
has the strong support of an experienced and diverse group of investors," said
Stephanie Spong, Principal at Epic Ventures. "Together we see the genuine need
for biometric solutions, such as Lumidigm's multi-spectral imaging biometrics,
that have been proven effective in the real world. These new funds will ensure
Lumidigm's continued ability to serve its customers with the best biometric
solutions in the industry."
Lumidigm, Inc. deploys biometric systems that work quickly and effectively on
all people in all environmental conditions using multi-spectral imaging.
Lumidigm provides liveness-protected identity management for civil
identification, point-of-sale, physical and logical access, time and attendance,
and portable electronic device applications.
For more
information, please visit
www.lumidigm.com
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