London-based Facia, a face recognition technology company, announced on Wednesday, July 19, that it has raised $1.2M (approximately €1M) in a funding round led by angel investor Programmers Force.
“Facial recognition technology is the future, and we strongly believe that Facia will be one of the pioneers in this industry. We want to help them expand, enter new markets and constantly innovate their technology to achieve groundbreaking results for the future of digital security,” says Khurram A., CEO of Programmers Force
Facia says it will use the funds to accelerate research and development initiatives and pave the way for its expansion into new markets, especially North America, Europe & MENA.
Facia: Biometric authentication pioneer
Led by Mujadad Naeem, Facia is a pioneer in biometric authentication and face recognition technology.
The company’s technology provides accurate identification and verification using advanced liveness detection and facial analysis algorithms.
The UK company’s facial recognition technology assists businesses in streamlining their processes and boosts security measures for various industries, including finance, retail, healthcare, and government services.
The company’s technological capabilities allow them to devise and create solutions independent of any hardware requirements, and can be customised according to the needs of a business.
Currently, the London company provides a range of services, including biometric authentication, face matching, liveness detection, photo ID verification, age estimation, and more.
“We have created a product that supports business globally and ensures that they provide a seamless onboarding experience to their customers. Facia will revolutionise digital security, and we are indebted to those who support us, particularly Programmers Force,” says Mujadad Naeem, CEO FACIA.
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