Additional $2 million to accelerate increased production capacity.v
Integrated Biometrics today announced that the company recently closed on a $2 million equity financing round. The funds will support the company’s rapid global growth, including increased production to meet high levels of demand for its comprehensive family of FBI certified biometric fingerprint scanners. This transaction represents a private investment.
Integrated Biometrics is the industry leader in rugged, lightweight biometric fingerprint scanners. These FBI certified units range from single-finger to 10-finger sensors known for durability, compact design, and exceptionally low power consumption. Identity management solutions providers depend on Integrated Biometrics’ products to provide reliable results even under challenging conditions, such as daylight or bright lights, temperature extremes, dirty fingers, and mobile field operations.
“Demand for our solutions continues to increase at a tremendous rate,” said Stephen Thies, Chief Executive Officer of Integrated Biometrics. “That’s why we’re on both Inc. Magazine’s 5000 and the South Carolina 25 Fastest Growing Companies lists for two years running. This growth capital addresses working capital needs, enables capacity improvements, and supports engineering projects that will bring exciting new features to our product line”
About Integrated Biometrics
Integrated Biometrics (IB), a pioneer in biometric fingerprint technology, designs and manufactures advanced, high-resolution touchless and FBI-certified contact identity solutions for government, law enforcement, military, social services, and a wide range of commercial applications. IB’s lightweight scanners, supported by our patented light-emitting sensor (LES) technology, outperform traditional fingerprint devices in size, power consumption, portability, and reliability. Global organizations rely on IB’s products to enroll and verify identities quickly and accurately, even in remote locations under extreme conditions. Commercial enterprises, government and financial services organizations depend on IB to build innovative, secure applications to establish identity in accordance with national and international standards. For more information, visit: https://www.integratedbiometrics.com.
