AOptix develops optics-based solutions for rapid, automated identity verification (including iris recognition) and reliable, long-range, ultra-high-bandwidth wireless communications. Its identity solutions are used for aviation security and immigration control, and the company cites deployments such as Gatwick Airport and all air, land and sea border crossings in Qatar. The communications products target mobile backhaul and enterprise applications to alleviate bandwidth constraints. AOptix’s technologies trace to adaptive optics originally developed for astronomy and later advanced with DARPA and U.S. military programs. The company says it is preparing to launch new products and will use recent financing to support product development, sales and marketing. To date the business has raised $123 million in total investment, including the most recent $42 million Series E. AOptix Technologies develops iris-recognition technology and the wireless communication systems it requires. The company is commercializing its first product, the InSight 2 Meter Iris Recognition System. It said the new funding will be used to build new products. AOptix has also benefited from defense contracts for its long-distance, high-bandwidth wireless systems. The Campbell, Calif. company raised $12.9 million in this round and has raised $60 million to date. Investors in the round include Northgate Capital, Kleiner Perkins Caufield & Byers, Clearstone Venture Partners, DAG Ventures, W Capital Partners and Lehman Brothers. AOptix Technologies develops laser systems for iris recognition, with products capable of capturing irises from roughly 60 feet. The company is based in Campbell, Calif. Its core work centers on optical broadband technology, which it continues to advance for other applications. Financially, AOptix has completed a third round of funding, raising $15 million in the latest round. Prior to this round the company had raised $27 million. Investors in the newest round included DAG Ventures, Kleiner Perkins Caufield & Byers, Clearstone, 3i and Lehman Brothers.

Total raised

$70M

Funding rounds

3

Latest round

Series E

Latest activity

Aug 2012