The Venture Codex

Led · Equity · May 2013

Digital Signal Corporation provides human identification and identity management solutions, including dynamic three-dimensional long-range facial recognition, to clients globally. The company is headquartered in Chantilly, Virginia and was founded in 2001. DSC is led by President and CEO David Guttadauro. The firm received a $12 million venture loan facility and intends to use the funds for working capital. DSC is backed by venture capital firms SilverHaze Partners and Novak Biddle Venture Partners. Digital Signal Corporation (DSC) develops facial recognition and identity management solutions, including dynamic 3D long-range facial recognition and enterprise-scale biometric offerings. The company was founded in 2001 and is headquartered in Chantilly, Virginia. DSC says its technologies enable human identification and identity management for global clients. The new funding will support expansion of sales and marketing, distribution, and manufacturing, and the establishment of an international headquarters in Geneva, Switzerland. DSC has raised nearly $100 million to date. Prior investors include Columbia Capital, Novak Biddle Venture Partners, Silverhaze Partners, Paladin Capital Group and City Light Capital. Digital Signal Corporation (DSC), based in Chantilly, VA, develops three-dimensional, long-range facial recognition software. The company positions itself as a world leader in 3D long-range facial recognition solutions and offers comprehensive enterprise biometric solutions. DSC provides customized applications to suit customer needs and serves government and commercial clients. According to a regulatory filing, the company raised $10.3 million in fresh capital. In April, DSC announced a separate $15 million funding round from investors including Columbia Capital, City Light Capital, SilverHaze Partners, Novak Biddle Venture Partners and Paladin Capital Group. No operating metrics (revenue/users) are disclosed in the articles. Digital Signal Corporation develops 3D facial-recognition technology designed to identify and monitor moving, non-cooperative subjects at long range. Its systems are sold to commercial and government customers to detect criminal or terrorist activity and to identify important customers, friendly soldiers, or frequent travelers. The company frames its mission as delivering a precision long-range identity solution to make the world safer. Digital Signal was founded in 2001 and is led by CEO David Guttadauro. Recently the company completed a Series C financing, which is the most recent disclosed financing activity in the article. Digital Signal Corporation builds a laser‑radar surveillance system that captures range and biometric data from video feeds, aiming to surface indicators like elevated heart rate or nervousness. The product is presented as real‑time, contactless biometric monitoring for security use cases such as airports and retail. Company scenarios described include scanning faces for reactions to announced bag searches and detecting unusually high heart rates among staff or passengers. The firm says it plans to begin deploying systems next year and has suggested federal buyers such as the Department of Homeland Security could be major customers. The company has received venture funding: a seed round from Novak Biddle and a first full round from Paladin Capital Group, though the sizes of both rounds were not disclosed. The technology raises legal and accuracy concerns in the article, including risk of false positives and comparisons to a real‑time polygraph.