Hypr , a biometric security start-up has secured £2.4m ( £2.4m ) funding from New York -based venture capital companies RTP Venture , Taiwanese Mesh Ventures and RTP Venture . RTP Venture will use the funds to hire more security engineers and expand its New York office space. Its technology replaces the need for passwords and PIN numbers on banking and shopping sites by storing biometric data (fingerprint, voice, face, eye and palm recognition) on individual devices.
Hypr, a biometric security start-up has secured $3m (£2.4m) funding from New York-based venture capital companies RTP Venture, Boldstart Ventures and Taiwanese Mesh Ventures. Hypr will use the funds to hire more security engineers and expand its Manhattan office space. Its technology replaces the need for passwords and PIN numbers on banking and shopping sites by storing biometric data (fingerprint, voice, face, eye and palm recognition) on individual devices.