San Jose, California-based Validity, a company that develops fingerprint sensor technology that enables authentication, mobile payments, and touch-based navigation for smartphone and tablet apps, has received a strategic investment from Intel Capital.
Since launching its products in 2008, Validity says it has shipped more than 30 million sensors into consumer electronics products and is now focusing its resources squarely on the smartphone and tablet markets.
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Intel Capital’s capital injection is part of Validity’s Series E financing round, increasing its size to over $22 million thanks to additional strategic investments from World Fair and DDS.
Previously announced investors in the Series E round include TeleSoft Partners, Qualcomm Ventures, VentureTech Alliance, Panorama Capital and Crosslink Capital.
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