Categories: Funding

Blink Identity Attracts $1.5M Seed Funding

Blink Identity, a startup based in Austin, Texas, announced today that they have raised $1. 5M in a seed round led by Sinai Ventures with participation from Live Nation, Techstars and other Live Entertainment related funds

“Blink Identity has created a fast, accurate and user-first identity service for live entertainment venues, a solution to the bottleneck problem and a preferential experience for consumers and local owners alike,” said Jordan Fudge, chief investor Sinai Ventures. “We believe that this technology is widely applicable and that Mary and Alex’s experience in developing biometric identification technology for the Department of Defense has uniquely qualified them to lead the charge. “That’s right.

The company, founded by Mary Hasket and Dr. Alex Kilpatrick, who completed the Techstars Music Accelerator in Los Angeles last spring, is bringing fast and secure face recognition technology to live event venues and commercial venues.

Blink Identity provides the next generation of identity-in-motion through their revolutionary technology that identifies people at full walking speed-in the blink of an eye. “The Blink is revolutionary Commercial biometrics are almost non-existent at present—primarily because other systems are high-friction, difficult to use, inaccurate and vague about privacy/data protection. Our unique experience of large-scale/in-motion identity, combined with our focus on usability and privacy, will allow us to lead adoption in the commercial sector as well as to open up new markets. “That’s right.

The company has secured an initial partnership with Live Nation, the world’s largest entertainment company, to leverage early pilot programs in a variety of locations.

About Identity of Blink:

Blink Identity’s revolutionary identity-in-motion technology identifies people as they walk past the sensor at full walking speed, enabling convenient, high-speed identification to provide access control and personalized customer experience. The founding team has spent the last decade building and deploying large-scale biometric identification systems for the Department of Defense in the Middle East and bringing their expertise to the commercial market to provide security, access control and VIP customer experience.

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Blink%20Identity/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

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