Zwipe raises $3.5 million in Series A

Posted Dec 11, 2013

Zwipe is a biometric identity protection company that has raised $3.5 million in Series A funding. The Norway government gave $1 million out of that $3.5 million and the other $2.5 million was given through a private placement.

Zwipe recently launched the Zwipe Access biometric card. Funding will be used for expanding their sales organization. Zwipe’s NFC powered card lets you authenticate yourself with your fingerprint.

?This additional funding further solidifies Zwipe?s vision of our product, our technology and the market,? stated Kim Kristian Humborstad, CEO of Zwipe. ?Because the Zwipe Access product is the only card on the market that protects user data by keeping biometric information on the card itself, not a remote server, our product?s potential applications in the consumer market are nearly limitless.?