TRI-D Systems Raises $400K
The Pasadena Angels announced that they have invested $250K in Pasadena-based TRI-D Systems, a company developing identity authentication systems based on self-powered biometric smart card systems. The funding came as part of a $400K Series A round. The company's technology provides a smart card with a fingerprint sensor and displays a one-time passcode when the cardholder’s finger print matches the one stored on the card. The company said that the funding would go towards prototype development.
posted on Tuesday, June 22, 2004 (Link to more information)
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