Venture Capital
ID-U Biometrics Ltd. wins "Globes"-IVA start-up competition
By Shmulik Shelah
May 21, 2008, 13:34

ID-U Biometrics Ltd. has won the 2008 "Globes"-IVA start-up competition. The company will go on to participate in the upcoming DEMO Europe's launch venue for new products, technologies and companies which will take place in Germany in October. It will also be a contender for the "Red Herring" Top 100 European companies.

ID-U Biometrics is developing a multivariate dynamic biometrics system, which uses a combination of the subject’s behavioral, physiological and physical characteristics to verify a user’s identity. The subject’s responses to special external stimuli are used to construct his identifying template. CEO Dr. Daphna Palti-Wasserman founded the company in 2004.

ID-U Biometrics has raised just $100,000 to date.

Published by Globes [online], Israel business news - www.globes-online.com - on May 21, 2008
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