Startup Keyo’s Palmar Vein Biometrics Ready for Comprehensive Identity Management Applications

0

New York-based palm vein biometrics developer Cleo launches its Identity Management Network to provide privacy-focused physical and logical access control.

The move follows a $7 million investment from Netflix co-founder Marc Randolph and others. Tech Crunch refers to it as a starting round.

The Keyo network consists of its multi-spectral biometric scanner, the Wave, a mobile application for linking and managing accounts and credit cards, a partner program and application store for businesses, and a back-end based on the cloud with military-grade encryption.

Cleo in partnership with Fujitsu in 2017 to develop a palm biometric payment authentication system. The company says there are now more than 15,000 of its palm scanners deployed worldwide. Applications include hospital check-ins in the United States, office door security in Mexico and retail payments in Rwanda, according to the announcement.

Imprivata Integrated Keyo vein biometric scanners with its PatientSecure solution for healthcare facilities in 2020.

The company says the Wave can identify individuals with scans from different angles, distances and hand positions.

“We are on a mission to create the first truly secure, private and transparent global identity system – a paradigm shift in how we identify ourselves throughout our daily lives,” said Jaxon Klein, CEO of Keyo. “The platform is purpose-built for scalability, compliance and interoperability so partners can easily add biometric identity to their own products and services, and people no longer need to rely on scraps of metal, paper or plastic for identification. ”

Keyo also claims that its biometrics support regulations including BIPA and GDPR.

Keyo currently has 33 employees and the company is expanding its team at the rate of about one per week.

“One of the things we’ve gotten really good at is scalable supply chain deployment,” Klein told TechCrunch. “We deployed 15,000 devices just recently and we manage our supply chain internally. Even before the pandemic, we developed our supply chain in North America, mainly in the United States. We have acquired a great deal of knowledge and institutional capacity regarding the operation and expansion of supply chains. We are truly unique in the hardware space – or part of a very small cohort – designing and building our own devices, which are fully distributed.

Klein admits the company didn’t initially grasp the difficulty of realizing its ambitions when it embarked on its first round of press engagements in 2017, but says the company is now ready to grow worldwide.

Article topics

| | | | | | |

Share.

Comments are closed.