{"id":6383,"date":"2018-04-11T01:00:22","date_gmt":"2018-04-11T00:00:22","guid":{"rendered":"https:\/\/engineernewsnetwork.com\/blog\/?p=6383"},"modified":"2018-04-10T10:19:39","modified_gmt":"2018-04-10T09:19:39","slug":"touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/","title":{"rendered":"Touch Biometrix secures investment for new class of fingerprint sensors"},"content":{"rendered":"<p>The market demand for <span class=\"highlight highlight-blue\"><a href=\"https:\/\/www.statista.com\/statistics\/536692\/global-fingerprint-sensor-unit-shipments\/ ii\" target=\"_blank\" rel=\"noopener\">fingerprint sensors<\/a><\/span> is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025.<\/p>\n<p>The drive for user authentication is experiencing tremendous growth as the drive to open up seamless user identification for the use of mobile payment services continues.<\/p>\n<p>Indeed, it is expected that biometrics will be standard in 90% of mobile devices by 2022 generating 1.37 trillion payment and non-payment mobile device transactions.<br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-7565662001938327\" data-ad-slot=\"7585079586\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\n<span class=\"highlight highlight-blue\"><a href=\"http:\/\/www.touchbiometrix.com\" target=\"_blank\" rel=\"noopener\">Touch Biometrix<\/a><\/span> is a fabless developer of a new class of fingerprint sensor for application to consumer electronics such as smartphones, laptops and computer peripherals.<\/p>\n<p>Based on proprietary sensor designs and algorithms the Touch Biometrix platform will enable fingerprint sensors of any shape or size.<\/p>\n<p>This enables a user authentication platform that can easily be\u00a0integrated into a wide range of consumer electronics and smart objects for a more intuitive and secure user experience that promises to eliminate the need for passwords.<\/p>\n<p>Now Touch Biometrix has announced it has received seed investment from Deepbridge Capital.<\/p>\n<p>Touch Biometrix is adopting proprietary production techniques that is expected to disrupt the cost of ownership by targeting a sensor price of $1 per sensor by the end of 2019, so opening up the market for integration of a low-cost, highly secure biometric authentication platform into low, mid and high tier consumer electronic brands.<\/p>\n<p>Touch Biometrix CEO, Mike Cowin,\u00a0said: \u201cThis seed funding round will enable Touch Biometrix to establish a minimum viable product,<br \/>\nin collaboration with our supply chain partners. We are delighted to be supported byDeepbridge Capital who have a tremendous reputation for working with and supporting hightech start-up companies.\u201d<\/p>\n<p>Ian Warwick, Managing Partner at Deepbridge Capital, commented:\u00a0\u201cWe are delighted to be working in partnership with Touch Biometrix at what is an exciting time for the biometric industry. We understand there is an increasing need for secure user\u00a0authentication technology and we believe Touch Biometrix has the capability to move quickly in this market, with this funding we have provided utilising the Seed Enterprise Investment Scheme being the initial catalyst. We look forward to working with the Touch Biometrix team as the company grows.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025. The drive for user authentication is experiencing tremendous growth as the drive to open up seamless user identification for the use of mobile payment services continues. Indeed, it &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199],"tags":[1151,3553,2027,1459,3552],"class_list":["post-6383","post","type-post","status-publish","format-standard","","category-news-views-and-opinion","tag-computer-peripherals","tag-deepbridge-capital","tag-laptops","tag-smartphones","tag-touch-biometrix"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Touch Biometrix secures investment for new class of fingerprint sensors - Engineer News Network<\/title>\n<meta name=\"description\" content=\"The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Touch Biometrix secures investment for new class of fingerprint sensors - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/\" \/>\n<meta property=\"og:site_name\" content=\"Engineer News Network\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-11T00:00:22+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"headline\":\"Touch Biometrix secures investment for new class of fingerprint sensors\",\"datePublished\":\"2018-04-11T00:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/\"},\"wordCount\":371,\"keywords\":[\"computer peripherals\",\"Deepbridge Capital\",\"laptops\",\"smartphones\",\"Touch Biometrix\"],\"articleSection\":[\"News, Views and Opinion\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/\",\"name\":\"Touch Biometrix secures investment for new class of fingerprint sensors - Engineer News Network\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\"},\"datePublished\":\"2018-04-11T00:00:22+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"description\":\"The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Touch Biometrix secures investment for new class of fingerprint sensors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\",\"name\":\"Engineer News Network\",\"description\":\"The ultimate online news and information resource for today's engineer\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\",\"name\":\"admin\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Touch Biometrix secures investment for new class of fingerprint sensors - Engineer News Network","description":"The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/","og_locale":"en_GB","og_type":"article","og_title":"Touch Biometrix secures investment for new class of fingerprint sensors - Engineer News Network","og_description":"The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025","og_url":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/","og_site_name":"Engineer News Network","article_published_time":"2018-04-11T00:00:22+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/#article","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/"},"author":{"name":"admin","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"headline":"Touch Biometrix secures investment for new class of fingerprint sensors","datePublished":"2018-04-11T00:00:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/"},"wordCount":371,"keywords":["computer peripherals","Deepbridge Capital","laptops","smartphones","Touch Biometrix"],"articleSection":["News, Views and Opinion"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/","url":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/","name":"Touch Biometrix secures investment for new class of fingerprint sensors - Engineer News Network","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website"},"datePublished":"2018-04-11T00:00:22+00:00","author":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"description":"The market demand for fingerprint sensors is expected to exceed 1.5B units per year by 2020 with the global market for biometrics to reach $15B by 2025","breadcrumb":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/touch-biometrix-secures-investment-for-new-class-of-fingerprint-sensors\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.engineernewsnetwork.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Touch Biometrix secures investment for new class of fingerprint sensors"}]},{"@type":"WebSite","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website","url":"https:\/\/www.engineernewsnetwork.com\/blog\/","name":"Engineer News Network","description":"The ultimate online news and information resource for today's engineer","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.engineernewsnetwork.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1","name":"admin","url":"https:\/\/www.engineernewsnetwork.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/6383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/comments?post=6383"}],"version-history":[{"count":2,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/6383\/revisions"}],"predecessor-version":[{"id":6385,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/6383\/revisions\/6385"}],"wp:attachment":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/media?parent=6383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/categories?post=6383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/tags?post=6383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}