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Delta ID

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Iris biometric security solutions

Newark, United StatesFounded 2011Security
Valuation $50–100M Last recorded · 2016
Total funding $10–50M Disclosed equity funding
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About Delta ID

Delta ID Inc., founded in 2011, specialized in developing iris recognition technology for identity authentication on mass-market computing and mobile devices. The company was established by veterans from the biometrics industry with Dr. Salil Prabhakar serving as its President and CEO. Based in Newark, California, in the heart of Silicon Valley, the firm focused on making the highly secure iris biometric modality convenient and accessible for everyday consumer use.

The company's core product was the ActiveIRIS® system, a platform combining patented hardware design and advanced software algorithms to enable fast and reliable iris scanning. This technology was designed for easy integration into devices like smartphones, PCs, tablets, and even vehicles. A key market for Delta ID was India, where its ActiveIRIS system was certified for use with Aadhaar, the country's massive biometric identity system, for authentication and eKYC (Know Your Customer) applications. By May 2015, Delta ID was noted as the first company to bring iris scanning technology to smartphones, collaborating with major OEMs like Fujitsu and Samsung. The firm also formed a strategic partnership with Gentex Corporation to integrate iris scanning into automotive rearview mirrors for driver identification and vehicle personalization.

Delta ID operated on a business-to-business model, licensing its ActiveIRIS® technology to original equipment manufacturers (OEMs). Its client roster included prominent names such as Samsung, HP, and Fujitsu. The company's growth was supported by venture capital, securing a significant Series A funding round of $5 million in 2014, led by Intel Capital. This was part of a total of $15.1 million raised over three rounds to meet the growing demand from device makers. In a significant milestone, Delta ID was acquired by the Swedish biometrics provider Fingerprint Cards (Fingerprints) in a deal announced in February 2017 and finalized in June 2017. The acquisition, valued at $106 million, allowed Fingerprint Cards to expand its portfolio beyond fingerprint sensors and offer multi-modal biometric solutions by combining fingerprint and iris recognition technologies.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
Newark, United States
Open positions
None listed
Dealroom signal
24.7/100
Industry
Security, Enterprise Software
Sub-industry
Public safety
Sector
Security, Hard Tech
Technology
Hardware, Recognition Technology
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2017 $106M — Fingerprint Cards AB —
EARLY VC✓Equity / VC Oct 2016 $9M $36M Undisclosed —
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Growth signals

Delta ID website traffic

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Investments and acquisitions

Capital deployed

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Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Other known investors1 additional known investor

  • Fingerprint Cards AB
Team profiled 19 named & role-tagged
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Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Newark HQ
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Market sentiment

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