Paravision Raises $23m from HID + VCs

By Zach Segal, Published May 11, 2021, 09:15am EDT

Paravision has raised $23m from access control from VCs and access giant HID.

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IPVM examines the funding and future of Paravision including responses from the company themselves.

$23 ******* ******, ** **** *** ****** *******

******************* **** ****** $********** ********* * ***** ** venture ******* ***** *** access ******* *********** **** HID ** **** ** other ****. ********** **** IPVM **** **** ** employees *** ******** ** share *** ********* ***********.

Revenue / ********* *** *********

** ****** ******** ******** Paravision's ******* *** ********* as ***** ** ** public *********** ****** ***** any ******* (*********, ******** sold, ****** ****, ***.).

USA ***********

********** ******* ********** *** US ******** ** * key ******** ** *** announcement:

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*** ********** ** ****** recognition ******** ** ************ a *********** ***** ** tensions **** ***** *** Russia (**** ** **** facial *********** *********) ****. For *******,**********, * *******-******* *** owned ****** ******* ********** that **** *** *** a ***** ****** **** a ******* *******.

********* ****** **** ******* from **** ******* ****** from ***** * *** China/Russia ********.

Customers - ******* ** *********, ******** ********

********** ********* ***** **-**-******;

** **** ******** ** focus ** *** *** / ** **/*** ********. As *****, ** ***** a **** ******* ** verticals *** ************ ******* a **** **** *********** / ******** ****** *******, and *** ******* ** be *** ********** **** works ****** *** ****** to ****** *****-***** ********* across ***** ********* *** applications.

**** ******** ** **** any ** ***** *********:

** *** ******* ** serve ******* ********* ** the ***** ** ************ noted, *** ** *** typically ***** ******* ***** these ******** ** * public *****.

******** ** * ********** customer *** ********'* ****** recognition ********, ******* **** ******* ** Avigilon ****** ***********.

HID ********** **** ********** ** *** **** ***********

*** ******* ************ **** HID ******** ** **** of ***** ******** ** embed **** *********** **** their ********* ********* ****** control:

*** ****** ... ******** in ********** ***** ** a ********* *********to ***** **** *********** **** ********* for a seamless and highly secure user experience in a variety of identity verification and authentication applications, including access control. [emphasis added]

**** ******* ***'* **** addition ** ************ *********** ***** ** acquiring ********.

*** ** ** ***** that **** ********** **** investments ** ******* ******** access ******* *********. ******* HID ** ************ ******* about ****** *********** *** a *** ****** *********** and ***** ********** ** unclear. *** *** *** respond ** *** ******* for *******.

Paravision "**** *******" ***** ****** *******, **** ************* *******

********** ********** **** **** they *** **** ******* by ***** ******** ****** control/verification *********:

...*** **** ******** ************ Paravision ** ********** *** commercially-oriented. ********** ****** *******, consumer ******** **********, ****** and ******, ********, *** other ************ *** ******* real ******** ** *********, frictionless ******** *********** *** strong ******** ***** *********** and ******* ******** ** face ***********. ** ***** applications, ** *********- *** legally-grounded ******** ******* **** customers *** **** ** opt-in, **** **** *** engaging **** * ******* with ******** *******...

Larger ***** ** "****" **** ************ ** ************

****** *********** *** ************ has ****** ************************* ** *** *.*., *.*., *** ******* countries ***** ******* ** a ***** ******* *** besides **********, *********** ********* and ********** **** ******* towards **** ************ ** these *******.

********** **** **** ***-** consent *** ***** ******* were ******* ****** *** access ******* *** ************ use-cases:

** *** ****** ****** substantial ****** **** ******** in ****** *******, *** travel, ******** ************, *** payments ***** *** ***** driven ** ***-**/*******-****** *** cases.

** ********, ********** *********** Anyvision *** ********** **** both *** **** ***** on ****** *******/************ *** cases ********.********* ****** $*** ** September** ***** **** ************ towards ****** *******.********** **** ******** **** **** ********* around ****** *********** ************ in ***** ******* *** the *.*. *** ********* demand *** ************ *** to ******* ******** *** coronavirus ******* ****** *** more ****** *** ************ verification.

Comments (1)

**** ******* ***** ***** less **** * **** after ****** ***** ** *********** ********** ********* *********** **** ********** **** allegations **** **********, ***** ********* ****** ******* ****** ***** ***** privacy.

********** **** ****** ****** using *** **** ****, but ********** **** *** models *** ******** *** already ** ****** ** use.

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