Chantilly, Virgina-based Digital Signal, a developer of 3D long-range facial recognition technology, has raised $15 million in a third round of venture capital financing, led by Columbia Capital.
Management of Digital Signal, in business since 2001, says its technology can mainly be used to detect criminal and/or terrorist activity, as well as to identify important customers or frequent travelers.
To date, Scanbuy has raised a total of approximately $26.5 million. The company’s key offering is the ScanLife mobile app, now loaded on more than 35 million devices and generating millions of 2D and 1D barcode scans each month. The average active user scans three-to-five times a month.