Validity raises $20M for fingerprint scanners
Validity Sensors, based in San Jose, Calif., develops technology for fingerprint sensors used in laptops and other devices.
The company works with partners like Cogent Systems and Synaptics to develop and commercialize its products, which it began selling earlier this quarter.
Crosslink Capital led another $20 million round, alongside Qualcomm Ventures and TeleSoft Partners; all three firms had invested in Validity before. Past investors also include Austin Ventures and VentureTech Alliance, as well as a number of angel investors. [via VentureWire]
The company also raised $20 million last year, in what appeared to be a financial restart of the company. See our coverage here.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.