About AuthenTec
AuthenTec is a company based in Melbourne (United States) founded in 1998 was acquired by Apple in July 2012. AuthenTec has raised $63.5 million across 5 funding rounds from investors including Apple, Texas Instruments and Royal Bank of Canada. The company has 49 employees as of December 31, 2014. AuthenTec has completed 1 acquisition, including Safeneterie. AuthenTec operates in a competitive market with competitors including Megvii, Unico, Chooch, Evrotrust and Oosto, among others.
- Headquarter Melbourne, United States
- Employees 49 as on 31 Dec, 2014
- Stage Public
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Phone
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Website
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Social
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- Legal Name Authentec, Inc
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People of AuthenTec
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Software Development Team
170 people
Machine Team
90 people
Sales and Marketing
90 people
Leadership Team
88 people
Data Analysis and Operations Team
77 people
Human Resources and Administration
74 people
Senior Team
68 people
Product Management Team
56 people
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Funding Insights of AuthenTec
AuthenTec has successfully raised a total of $63.5M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $15 million completed in July 2004. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $15.0M
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First Round
First Round
(07 Dec 1999)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2004 | Amount | Series D - AuthenTec | Valuation | The Carlyle Group | |
| Apr, 2003 | Amount | Series C - AuthenTec | Valuation | Firsthand Funds |
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| Mar, 2003 | Amount | Series C - AuthenTec | Valuation | Sierra Ventures |
Investors in AuthenTec
AuthenTec has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Apple, Texas Instruments and Royal Bank of Canada.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Private equity investment firm
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Founded Year | Domain | Location |
Investments & Acquisitions by AuthenTec
AuthenTec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Safeneterie.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Counselling, legal advocacy, education, and shelter services are provided.
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1974 |
Financial Statements - AuthenTec
Authentec Comparisons
Competitors of AuthenTec
AuthenTec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Megvii, Unico, Chooch, Evrotrust and Oosto, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Digital identity solutions company providing facial biometrics and digital admission solutions
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| domain | founded_year | HQ Location |
Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
AI-based identity verification and electronic signing are provided for businesses.
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| domain | founded_year | HQ Location |
AI-powered video analytics systems are provided for security and operations.
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| domain | founded_year | HQ Location |
Biometric solutions for online identity verification are provided.
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Latest news on Authentec
Frequently Asked Questions about AuthenTec
AuthenTec was founded in 1998 and raised its 1st funding round 1 year after it was founded.
AuthenTec is headquartered in Melbourne, United States. It is registered at Melbourne, Florida, United States.
AuthenTec is a funded company, having raised a total of $63.5M across 5 funding rounds to date. The company's 1st funding round was a Series C of $12.1M, raised on Dec 07, 1999.
As of Dec 31, 2014, the latest employee count at AuthenTec is 49.
AuthenTec was founded in 1998 in Melbourne, United States, within the biometric security sector. Fingerprint technology is employed to deliver access control, secure networking, and data protection solutions. Content security and authentication features are integrated for PC and mobile devices. Operations focus on enterprise-level implementations, with clients such as Cisco, HP, Lenovo, and Samsung supported across global markets.
AuthenTec has made 1 acquisition, including Safeneterie.
AuthenTec has 11 investors. Key investors include Apple, Texas Instruments, Royal Bank of Canada, The Carlyle Group, and CDIB Capital Group.