Kayne Anderson Provides Capital Injection to FaceFirst
May 7, 2012
Kayne Anderson Capital Advisors has provided facial recognition software maker Airborne Biometrics Group (FaceFirst) with a significant amount of development capital. The technology developed by FaceFirst can execute millions of facial comparisons per second and be utilized by governments and airport security. Through the new funding, the company will be able to expand its team and quickly develop its capabilities.