MoneyThe story, in brief
Alcatraz raises $50M to bring Apple Face ID-style security to physical buildings
$50M. That's what Alcatraz just raised to bring facial recognition security from your iPhone to every office building.
The KeyNews take
Why it matters
Physical security is becoming the next major AI battleground as companies seek to deploy biometric authentication beyond mobile devices into enterprise facilities.
The key facts
4 to know$50 million Series B funding round
Over $100 million total funding to date
Led by BlackPeak Capital, Cogito Capital and Taiwania Capital
Apple Face ID-style facial recognition technology for buildings
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: Cupertino-based facial recognition security startup Alcatraz said today it has raised $50 million in a Series B funding round led by BlackPeak Capital, Cogito Capital and Taiwania Capital. Previous investors Almaz Capital, EBRD and Ray Stata also participated, bringing the company’s total funding…