Francisco's Cross Match to Acquire a DigitalPersona
April 22, 2014
Francisco Partners portfolio company Cross Match and VC-backed biometrics provider DigitalPersona are merging. The latter offers biometrics-based identity verification products, with applications ranging from banking environments to government identity programs; it has more than 200 million authorized users worldwide. Cross Match, which Francisco Partners bought in 2012, also provides biometric identity management systems. Exiting DigitalPersona backers include Chess Ventures, IDG Ventures and VantagePoint Capital Partners, all of which contributed to a $13 million financing in 2004.