04 April 2012

Security specialist gets €5m funding to expand deployment

Security specialist Intrinsic-ID has received €5million in a new funding round led by Robert Bosch Venture Capital and existing investor Prime Ventures.
"We are proud to welcome RBVC as one of our investors", said Pim Tuyls, Intrinsic-ID's ceo. "With its support, we are excited to move our company to the next level of mass scale deployment of our security IP in large new markets of mobile payments and cloud services by a rapid expansion of our sales, support and engineering teams."


Intrinsic-ID's technology has been licensed to a range of companies and incorporated products ranging from set top boxes to government applications.
"An increasingly connected world demands strict rules for authentication and protection against cloning, counterfeiting and tampering," said Dr Claus Schmidt, RBVC's managing director. "We believe Intrinsic-ID's solution has the characteristics of becoming a key technology for the 'Internet of Things' and is therefore of great strategic importance."

Author
Graham Pitcher

Supporting Information

Websites
http://www.intrinsic-id.com

This material is protected by Findlay Media copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.

Do you have any comments about this article?


Add your comments

Name
 
Email
 
Comments
 

Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles

Hardened DSP blocks for FPGAs

Responding to the increasingly demanding task of designing floating point DSP ...

Four IDEs for Kinetis support

Freescale has named four tools as featured integrated development environments ...

Freescale adds new K series

Looking to offer increased performance and better power efficiency, Freescale ...

Embedded System Access

Testing electronic circuits has been a key topic since the first transistor was ...

Efficient GPGPU programming

Today's graphics processors are highly programmable, massively parallel compute ...

Embedded Power roundtable

While power supply design is becoming increasingly important, knowledge is ...

Cross platform middleware

The 2nd generation Intel Core processor family brings huge improvements in ...

The real solution to fake parts

The high tech supply chain is more vulnerable to counterfeit components than ...

High performance Spartan II 8bit ...

This paper from Xilinx shows how to use the Spartan II Family in combination ...

Embedded World: Mitsubishi

Mitsubishi Electric is launching new 8.4in VGA and 10.4in VGA colour TFT lcd ...

Gate drive optocouplers

Avago Technologies, a supplier of analogue interface components for ...

Qseven module

With the MSC Q7-NT2, MSC Vertriebs presented its first ARM processor based ...

BEEAs 2013

9th October 2014, 8 Northumberland, London

Engineering Design Show 2014

22nd-23rd October 2014, Jaguar Exhibition Hall, Ricoh Arena, Coventry, UK

Ask the Expert: Scott Emley

How will TI's C553x ultra-low-power DSPs revolutionize the consumer audio and ...

MWC mobile connectivity

Dynastream demonstrates the ultimate fitness experience using TI's Bluetooth ...

TI Solutions for Tablets

A tablet is a handheld electronic device primarily designed to run multimedia ...

FPGA market developments

The programmable logic market is notable not only for its products, but also ...

The 'i's have it

Following the official launch of the 2nd generation Intel Core i3/i5/i7 ...

fpga acquisition

The programmable logic market has always been a hard place to do business. The ...

Aurelius Wosylus, AMD

Chris Shaw discusses AMD's latest low power processors with Aurelius Wosylus.

Rick Clemmer, ceo, NXP

Rick Clemmer believes high performance mixed signal is just one of the sectors ...

Henri Richard, Freescale

Freescale's chief sales and marketing officer tells Graham Pitcher that he's ...