The biometric authentication technology developer has closed a $16.5m round featuring Citrix that will fund product development, sales and marketing.
US-based authentication technology developer Veridium has completed a $16.5m series B round that included virtualisation software provider Citrix Systems.
Entrepreneur Michael Spencer led the round with an investment sized at $14.2m according to The Times, and private investor Michael Powell also contributed capital.
Founded in 2015, Veridium is working on biometric authentication technology that will allow a business to embed biometrics into mobile apps, allowing users to prove their identity using their face, voice or fingerprints instead of, or in…