22/04/2011
Lumidigm highlighted in Top 300 Startups
Albuquerque, NM
“From the start, Lumidigm was able to demonstrate how its new technological approach to biometric authentication could solve the performance problems plaguing the industry,” said Steve Jurvetson, Managing Director of Draper Fisher Jurvetson (DFJ). “Because Lumidigm had a highly differentiated solution and was led by a top-notch management team with the insight and capability to disrupt a market, we knew we had a winner.” DFJ was part of a strong group of initial venture capital investors in Lumidigm.
Lumidigm makes biometric authentication secure and convenient by using its patented multispectral imaging technology to extract unique fingerprint characteristics from both the surface and subsurface of the skin. This enhanced data capture mitigates traditional system vulnerabilities and makes Lumidigm’s sensors more reliable, more inclusive and more tamper-resistant than conventional biometric readers.
“Lumidigm continues to innovate off of its extensively-patented multi-imaging technology platform as it identifies and meets market needs,” emphasised Jurvetson. “I am delighted to see an independent analysis concur with DFJ’s assessment of Lumidigm.”
The research firm of Frost & Sullivan recently awarded the New Product Innovation of the Year Award, Fingerprint Biometrics, North America, 2010, to Lumidigm. According to Frost & Sullivan, Lumidigm’s “innovative technology allows Lumidigm fingerprint sensors to provide highly accurate biometric data even in adverse conditions where traditional fingerprint sensors fail.”