TypingDNA, the New York based AI-powered tech platform which can recognize people by their typing method has bagged $7 million as part of Series A round funding. Google's AI-focused venture arm Gradient Ventures is leading the round for the 4-year old firm with participation from existing backers Techstars Ventures and GapMinder Venture Partners.
The last financing for the firm had come almost exactly a year back when it secured $1.5 million in seed capital in January. The current infusion takes the total amount of capital raised by TypingDNA to $8.8 million. Geoff Judge, Olivier Pomel, Mark Rosenblatt, Natalie Diggins, Gecad Ventures, and Praveen Praranjothi are few of the other backers of the firm. TypingDNA was launched by Adrian Gheara, Cristian Tamas, and Raul Popa in 2018 as a biometrics authentication service provider which can allow companies to recognize people by the way they type.
Raul Popa, the CEO of the firm, commenting about the firm said, “Advancing the research and distribution of typing biometrics is of global importance. Keyboards are incorporated in almost any device today, making typing behaviour the most widely available user biometric. This round of funding will allow us to further our mission to provide user-friendly, non-intrusive biometrics and increased security to people around the world.”
Gradient Ventures' general partner Darian Shirazi says that “We’re excited about TypingDNA’s developer-first approach to enable people to authenticate securely based on how they type. With global regulation impacting face-recognition-based authentication and hackers targeting SMS-based two-factor authentication, typing biometrics is the best form of identifying people without compromising privacy or security.”
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