Validity Sensors Raising $20M From Qualcomm, TeleSoft To Bring Fingerprint Security To Mobile Payments

Validity Sensors, the San Jose-based maker of fingerprint scanning sensors and authentication technology, announced today that it has closed $10 million of a $20 million series E financing round. (It will close the second half in the next month.) The investment was led by TeleSoft Partners, with participation from Validity's previous investors, including Crossslink Capital, Panorama Capital, Qualcomm Ventures and Venture Tech Associates. The round brings Validity's total funding to $78.6 million.

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