Chantilly, Va. – Digital Signal, a developer of 3D
long-range facial recognition technology, announced on Wednesday that it has
raised $15 million in a third round of venture capital financing, led by
Columbia Capital.
New investors City Light Capital and SilverHaze Partners, and
previous backers Novak Biddle Venture Partners and Paladin Capital Group also
participated.
Founded in 2001, Chantilly, Va.-based Digital Signal says its
technology can primarily be used to detect criminal and/or terrorist activity,
be can also be utilized to identify important customers or frequent travelers.
TechCrunch
likened the company’s technology to the facial recognition seen in the Tom
Cruise film "Minority Report."
Related Links:
http://tinyurl.com/3cm2cp6
http://tinyurl.com/3oqkxer
(TechCrunch)
