Validity Sensors Adds Intel Capital; Closes $22M Series E Financing

Validity Sensors, a San Jose, California-based provider of fingerprint sensor technologies, has raised $22m in Series E financing.

The company, which held an initial close of the round in October (read here) led by TeleSoft Partners with participation by Qualcomm Ventures, VentureTech Alliance, Panorama Capital and Crosslink Capital, has now added Intel Capital.

The company intends to use the capital to develop products for mobile and tablet markets.

Launched in 2008 and led by Rob Baxter, CEO, Validity has developed fingerprint sensor technology that enables authentication, mobile payments, and touch-based navigation for applications ranging from invisible, under-glass sensors for smartphones, buttons for handsets and tablets and thin palm-rest designs for Ultrabook(TM) computers.




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