$12.6M Validates Validity

Wade Roush7/22/10

Validity, a San Jose, CA-based maker of fingerprint sensors for identity verification on electronic devices, said this week that it has raised $12.6 million in Series D financing. New investor Panorama Capital led the round, which also included existing investors Crosslink Capital, Qualcomm Ventures, TeleSoft Partners, and VentureTech Alliance. According to a company statement, the cash infusion will allow Validity “to continue to accelerate its unique technology roadmap and aggressively pursue new market opportunities.”

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @