TruTouch Technologies, Inc., an Albuquerque, NM-based developer of a networked, biometric alcohol sensor, raised $2.2m in funding.
The round was led by the iTulip Investor Group, with participation by the Launchpad Venture Group.
The company intends to use the funds for the expansion of sales of its products into the global energy, mining, and transportation industries.
Led by President and CEO Dr. Richard D. Gill, Co-founder & CTO Trent Ridder Ph.D., Co-Founder & VP Engineering Ben Ver Steeg, CFO David Desrochers CPA, and SVP Sales and Strategic Partnerships Oscar Lazaro, TruTouch Technologies develops, manufactures and sells patented noninvasive alcohol detection and biometric testing systems.
The device detects alcohol concentration by directly measuring alcohol levels through the skin using a safe infrared light and an optical touch pad. The device also features biometric capability to verify user identity and ensure the integrity of the testing process.