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This article was published on December 7, 2012

Intel Capital chips in for fingerprint sensor technology company Validity’s $22m Series E round

Intel Capital chips in for fingerprint sensor technology company Validity’s $22m Series E round Image by: Mihai Simonia
Robin Wauters
Story by

Robin Wauters

Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family a Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family and Belgian beer. If you'd like to know more about Robin, head on over to robinwauters.com or follow him on Twitter.

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.

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.

Image credit: Thinkstock

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