Applied Recognition Corp., a software company specializing in facial biometrics technology, has secured $100,000 in new investment capital. The funding round marks a significant step for the company, which provides solutions for identity verification and secure access through its pioneering work in facial biometrics.
As a pioneer in the facial biometrics industry, Applied Recognition offers industry-recognized solutions that customers embed into their existing systems. Its enterprise solutions, Ver ID Identity and Ver ID Authentication, enable digital and security transformations. Ver ID Identity facilitates remote enrollment by combining identity document verification with biometric face recognition, while Ver ID Authentication augments security compliance by replacing or augmenting password requirements with facial biometric recognition for access to computers, networks, applications, and physical locations.
The newly raised capital will support Applied Recognition's ongoing growth initiatives and further development of its multi-purpose enterprise software. This on-premise solution helps organizations enhance their digital strategies, enable customer access to services, and improve cyber risk vulnerabilities. The company's software integrates easily with various business applications, offering software development kits for multiple platforms, as well as server and API services.
This investment underscores confidence in Applied Recognition's commitment to providing biometric solutions that protect people, their credentials, and their transactions. The company plans to leverage these funds to expand its market reach and continue innovating within the rapidly evolving digital security landscape, reinforcing its position as a key player in facial biometrics.
