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Funding
Alcatraz AI raises USD 25 million in Series A funding
Facial Recognition
Sep 13, 2022
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Funding
OLOID raises USD 6 million in Series A1 funding to drive expansion
Facial Recognition
Oct 24, 2024
Product updates
Meta reintroduces facial recognition features for Facebook and Instagram
Facial Recognition
Oct 21, 2024
Industry news
Clearview AI wins appeal against UK data regulator fine
Facial Recognition
Oct 9, 2024
Partnerships
RaptorVision and Corsight AI partner for retail facial recognition AI platform
Facial Recognition
Sep 24, 2024
Partnerships
CLOWD9 partners with ID-Pal for AI-powered identity verification in payments
Facial Recognition
Sep 19, 2024
Product updates
Microsoft launches Face Check with Microsoft Entra Verified ID
Facial Recognition
Sep 11, 2024
Partnerships
Incode partners with AstroPayto enhance identity verification and security
Facial Recognition
Sep 10, 2024
Funding
20Face raises EUR 1.3 million in funding to enter new markets
Facial Recognition
Sep 3, 2024
Product updates
NEC launches gateless biometric authentication system
Facial Recognition
Sep 3, 2024
Management news
Dutch regulator fines Clearview AI USD 33 million for GDPR violations
Facial Recognition
Sep 3, 2024
Facial Recognition

Facial Recognition

Sep 13, 2022

Alcatraz AI raises USD 25 million in Series A funding

Funding

  • Alcatraz AI, a facial recognition-based access control systems developer, raised USD 25 million in a Series A round led by Almaz Capital with participation from the European Bank for Reconstruction and Development (EBRD), Endeavor Catalyst, Silverline Capital, Golden Seeds, JCI Ventures (the corporate venture arm of Johnson Controls), Ray Stata, and LDV Partners. 

  • The funds will be used to accelerate global expansion and product innovation targeting a variety of use cases for access control.  

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