Sentry Enterprises Raises $13 Million, Invests In XCore

By Brian Rhodes, Published Jan 24, 2022, 11:53am EST (Info+)

Sentry Enterprises, best known for its embedded fingerprint access cards, is using $13 million to form a strategic partnership with one of its key suppliers, XCore Technologies.

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Based on conversations with company President and CRO John Calzaretta, we examine the impact of the XCore partnership, what it means for Sentry, and Sentry's long-term outlook.

Sentry **********

************-*********** ************** ******* ** ****, *** ************ embedded ****** *****. ******* ** ********* fingerprint ******* ** * ****, *********** embed *** ****'* *********** ** *** card, ***** *** **** ** **** by *** ********** ******.

*** ******* *** *** ******** ***** revenue ** ********* *******, *** **** it ********* *** ** **** **** employees (******** **** ***** ** *********).

*********** ~$*** *** ** ******* ***** it ** *-** **** **** *********** access *****.

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XCore **********

****** ****** *********** ****** ** ***** Technologies *.*.,* ***** *********** *** ********* ****** ** ********.

****** ********** ***** ********** **********:

****** ***’* ******* * **** ** high-end *********, *.*. *** *******, *** a **** ** **************. ***** *** very **** ** *** **** ******* in *** ***** **** *** *** ability ** ****** ******* *****-*********** **** can ** ************ ***** * *** lamination ******* – * ******* ***** all *** ******* **** ************* ** the ***** **** **. ****, *** belief **** **** ********** ** ***** is **********.

Sentry: ******* ***** ** *****

********** **** *** $** ******* ***** is ****:

**** *** ***** ***********. ** ********** venture ******* ** ******* ******, **** sophisticated, ******* *********

****** ** ***** *** ***** ** buy * ******* ***** ** ************* ************** ********** ****** *** ************* ** wake ** ****** ********* ******** *********.

****** **** *** *** ***** ** funds ****** ** ** ********** ********* with *** ** *** *** *********. Both ********* ****** ***********, *** *** partnership **** ****** ****** ** '*** ahead' ** ********* ********* *********, * potentially ******** *********.

********** ******** ** *** **** ********** of ***** ** ******** ** *** deal.

No ******* ******

********** **** **** *** *********** **** XCore ****** **** ** ******** ******* products ** ******* *******, *** **** not ****** ** **********:

**, *** *********** **** *** ****** those [*******] ********.

** ***** **** *** ********* ** the **** ** ** ******* *** availability, *** ******* ** *****'* ******** supply ******, *** *****.

****** **** ********** **** ***** *******'* price ***** ** *** * *********, responding:

* ****** *** ***** ** **** continued ***** **** ***** ** *** of **********’* ******* **********,****’* ****** *** ****. ** * ********** **** ********* than * **** ****? ***, *** that’s **** ********* * ****** *** with * ******. **** ****** *** its *********** *******, ** *** ****** of **, **, **, *** ******** security, *** ********** *** ** ********* ROI.

XCore **** ******* *** **********

***** ************ ******* ****** ** *** a *** ********** ******* ** *********** its *******. *********** '**** **** **** 60' ********** ********** **********, **** *** example *** ****-******, *********-********* *** ******************.

***** ****** **** ********* ********** *********** sensors ***** ** *********** ****** ****** manufacture, **** **********, ***** ******** * critical ********** ******. ****'* ****,*****'* ******* '******' ************* ********* ****** ** ******** ********** ******* and *** ******* ******* ** **********.

*** *** ********** ** **** ** XCore ******* *** *******, ** ** continue ** ***** **** ************* ********** devices, [**] ** ** ** *** most ********* ***, ***** *** **********.

* **** ***** *** ** **** things **** *** ** ****** ** other ****** ***** *********** *** ********** equipment, ***** ****** *** **** ************* use ******* ** *****, ******, *** aesthetics.

******* *****, ****** **** ****, **** lamination ** ********* ******* ********* ***** need ** ** ****, *** ****** said ************* ******* ***** **** ** unacceptable ****** (*.*.: **** **** **% yields *** *****).

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Existing ********* ******** ************* *** ********

***** ****** ** '********** ***********' ************* and ********* **** *****, ******** **** suppliers*** (******)******** (*****)*** *** ******** *** ****** ******** to ********** *******.

Sentry: **/**** ****** ******** ****** *******

****** **** **** ****, ***** ******** security ** *** ** *** **** markets, *** ******* ******* **** ** interest *** *** ******* ** ** the ** ********, ************ *** *********** authentication ** *** ** **** ******* or ***** ****-********, ********* *****.

** **** **** ******** ********, *** I ***** *** **% ** *** sales *** ***** ******* **

****'* *** ******* ******* ******** ** ours, *** ****, ******* **** *** IT ***** ** *** ****** ** the *** *****.

*** ******* ****, ******* *** ********** high *****, **** ** ******** **** SentryCard ** ** *********** ****** ** adding *********** ************** ** * ******* of ******** ***********, ****** **** ********* centrally ******* ********* ****** ** ***** or ********* *********** ** ***** ****.

*** ******* ** **** **'** ******* it, **'** **** **'* ********** ***********. As ** *******, ** ********'* ***** multi ****** **************, ****'** ****** $** per ******** *** ****. **** *** that ****** ****** *** ******* **** their ********.

SentryCard ********

*** *** ******** ******** ** ******:********** ******** *********** ****** **** ********.

****/****

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