Paravision Raises $23m from HID + VCs
Paravision has raised $23m from access control from VCs and access giant HID.
IPVM examines the funding and future of Paravision including responses from the company themselves.
$23 ******* ******, ** **** *** ****** *******
******************* **** ****** $********** ********* * ***** ** ******* ******* firms *** ****** ******* *********** **** HID ** **** ** ***** ****. Paravision **** **** **** **** ** employees *** ******** ** ***** *** financial ***********.
Revenue / ********* *** *********
** ****** ******** ******** **********'* ******* nor ********* ** ***** ** ** public *********** ****** ***** *** ******* (customers, ******** ****, ****** ****, ***.).
USA ***********
********** ******* ********** *** ** ******** as * *** ******** ** *** announcement:
*** ********** ** ****** *********** ******** is ************ * *********** ***** ** tensions **** ***** *** ****** (**** to **** ****** *********** *********) ****. For *******,**********, * *******-******* *** ***** ****** company ********** **** **** *** *** a ***** ****** **** * ******* company.
********* ****** **** ******* **** **** Western ****** **** ***** * *** China/Russia ********.
Customers - ******* ** *********, ******** ********
********** ********* ***** **-**-******;
** **** ******** ** ***** ** OEM *** / ** **/*** ********. As *****, ** ***** * **** variety ** ********* *** ************ ******* a **** **** *********** / ******** vision *******, *** *** ******* ** be *** ********** **** ***** ****** the ****** ** ****** *****-***** ********* across ***** ********* *** ************.
**** ******** ** **** *** ** their *********:
** *** ******* ** ***** ******* companies ** *** ***** ** ************ noted, *** ** *** ********* ***** details ***** ***** ******** ** * public *****.
******** ** * ********** ******** *** Avigilon's ****** *********** ********, ******* **** ******* ** ******** ****** recognition.
HID ********** **** ********** ** *** **** ***********
*** ******* ************ **** *** ******** as **** ** ***** ******** ** embed **** *********** **** ***** ********* including ****** *******:
*** ****** ... ******** ** ********** based ** * ********* *********to ***** **** *********** **** ********* for a seamless and highly secure user experience in a variety of identity verification and authentication applications, including access control. [emphasis added]
**** ******* ***'* **** ******** ** an********** *********** ***** ** ********* ********.
*** ** ** ***** **** **** reasonably **** *********** ** ******* ******** access ******* *********. ******* *** ** particularly ******* ***** ****** *********** *** a *** ****** *********** *** ***** biometrics ** *******. *** *** *** respond ** *** ******* *** *******.
Paravision "**** *******" ***** ****** *******, **** ************* *******
********** ********** **** **** **** *** most ******* ** ***** ******** ****** control/verification *********:
...*** **** ******** ************ ********** ** developing *** ************-********. ********** ****** *******, consumer ******** **********, ****** *** ******, payments, *** ***** ************ *** ******* real ******** ** *********, ************ ******** experiences *** ****** ******** ***** *********** and ******* ******** ** **** ***********. In ***** ************, ** *********- *** legally-grounded ******** ******* **** ********* *** able ** ***-**, **** **** *** engaging **** * ******* **** ******** consent...
Larger ***** ** "****" **** ************ ** ************
****** *********** *** ************ *** ****** increasingly************* ** *** *.*., *.*., *** ******* ********* ***** privacy ** * ***** ******* *** besides **********, *********** ********* *** ********** have ******* ******* **** ************ ** these *******.
********** **** **** ***-** ******* *** other ******* **** ******* ****** *** access ******* *** ************ ***-*****:
** *** ****** ****** *********** ****** from ******** ** ****** *******, *** travel, ******** ************, *** ******** ***** are ***** ****** ** ***-**/*******-****** *** cases.
** ********, ********** *********** ********* *** VisionLabs **** **** *** **** ***** on ****** *******/************ *** ***** ********.********* ****** $*** ** *********** ***** **** ************ ******* ****** control.********** **** ******** **** **** ********* ****** ****** recognition ************ ** ***** ******* *** the *.*. *** ********* ****** *** verification *** ** ******* ******** *** coronavirus ******* ****** *** **** ****** and ************ ************.
**** ******* ***** ***** **** **** a **** ***** ****** ***** ** *********** ********** ********* *********** **** ********** **** *********** **** Paravision, ***** ********* ****** ******* ****** ***** ***** *******.
********** **** ****** ****** ***** *** Ever ****, *** ********** **** *** models *** ******** *** ******* ** longer ** ***.