CAMPBELL, Calif.-Mobile software developer Atrua Technologies Inc. snared $9 million in its fourth round of funding.
BlueRun Ventures led the round, and Atrua welcomed new backers including Chian’s Hua Hong Group and Korea’s Mosen Company Ltd. Existing investors Ericsson Venture Partners, Neocarta Ventures and Osprey Ventures also participated in the round.
Atrua develops fingerprint recognition software and other technologies designed to “convert finger movements into user commands.” The company’s customers include handset manufacturers as well as makers of gaming consoles and other consumer electronics.
Several handsets using Atrua’s technology have been commercially released, mainly in Asia.
“The market demand for Atrua’s products has continued to accelerate due to the growth of new mobile phone applications that require strong authentication and improved control,” said Peter Buhl, a partner at BlueRun Ventures, formerly known as Nokia Venture Partners. “With this financing, the company is well-armed to sustain its rapid growth.”
Atrua catches $9M in funding for finger-print scanning
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