NXT-ID is a technology company focused on developing biometric secure access control products, solutions and services. It was founded by senior managers at Technest Holdings and its subsidiary Genex Technologies. The company has identified three target markets: mobile commerce (m-commerce), law enforcement and biometric access control. NXT-ID is developing a secure mobile electronic wallet called the Wocket for the m-commerce market. It is also applying its core biometric facial recognition algorithms to security applications for corporations (enterprise networks), individuals (smartphones, PDAs, personal computers) and law enforcement, defense and other security-sector users. Financially, the company raised $150K from Connecticut Innovations' Pre-Seed Fund.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2013