[ Nymi raises $10.99M in Series B ]
Nymi has raised $10.99 million in Series B funding.
Founded in 2011, Nymi develops biometric and authentication technologies and applications for consumer electronics. Its first product – the Nymi Band – is a wearable, multi-factor authenticator that can be used with any application, device or service for persistent authentication. With the Nymi Band, the traditional model of authentication can be transformed into a secure and seamless experience for enterprises and end-users.
This new round of financing, with the support of existing investors and the addition of GII Tech Ventures, provides Nymi with the necessary resources to enter the next phase of scaled deployments.
|Founder / CEO||Karl Martin|
|GII Tech Ventures|
|Previous Investors||Export Development Canada|