B-Secur, a Belfast, Northern Ireland-based ECG biometrics company, closed a £4m follow-on funding round.
– Accelerated Digital Ventures (ADV), and
– Kernel Capital, manager of the Bank of Ireland Kernel Capital Growth Funds.
The company will use the funds to expand its business reach.
Led by CEO Alan Foreman, B-Secur provides software solutions that use ECG/EKG biometrics for user authentication and beyond, to health and wellness metrics.
The company, which now employs more than 35 staff in its Belfast HQ, leverages technology to harness the unique electrical signal of an individual’s heartbeat (ECG) as a means of personal authentication.
They launched its Heartkey brand at CES. Heartkey combines unique user identification with advanced physiological monitoring for health and wellness purposes, including medical grade heart rate, stress and fatigue monitoring, which can be applied to everyday situations such as driving a car, or for real-time health monitoring in the home.
The company is now partnering with some of the world’s top motoring manufacturers, global wearable and fitness tracker technology firms and semiconductor manufacturers, to embed Heartkey into multiple everyday technologies and wearables.