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The mobile security sector is also attracting merger deals.
The start-up, which has raised over $60 million from venture capitalists, has been a darling in the red-hot mobile security sector.
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EyeVerify co-founder Toby Rush confirms that the cash will enable the company to drive adoption of its Eyeprint ID biometric technology within the financial services, enterprise mobility management, mobile security, telecoms, healthcare and government sectors.
That means technology sectors — including mobile security, data analytics and storage companies and mobile payment systems — which previously elicited a shrug or a snooze, are suddenly finding millions of dollars of investments coming at them.
DealBook » Wallflowers of Silicon Valley Get Asked to Dance | Technology sectors like mobile security, data analytics and storage companies and mobile payment systems, which previously elicited a shrug, are suddenly finding millions of dollars of investment coming at them, Nicole Perlroth reported.
Editor's note: Matt Howard is a managing partner at Norwest Venture Partners with more than 25 years of experience and focuses his efforts on mobile, security, rich media, cloud based services/applications, networking and storage sectors. .
Enter the mobile security industry.
We've seen tons of pitches around mobile security.
Experts in mobile security agree that mobile hackers are not yet much of a threat.
A small-business study finds a disconnect between mobile device use and mobile security preparedness.
Lobbyists will fight to protect the lucrative domestic security sector.
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