Innovative Authentication Solutions Privaris specializes in wireless biometric security solutions, including the recent launch of the plusID mobile biometric device, which enhances security while reducing reliance on traditional access cards and passwords. This positions them well to target organizations seeking advanced, convenience-driven authentication technology.

Strategic Industry Recognition The company has garnered industry recognition as a finalist in global awards for authentication solutions and security products, indicating a credible reputation. This credibility can be leveraged to approach security-conscious enterprises and government agencies seeking proven biometric security solutions.

Partnership and Collaboration Privaris has established partnerships with notable firms such as AuthenTec and RSA, demonstrating its ability to collaborate with key industry players. These alliances suggest potential openings for joint ventures or integration opportunities with other security and IT service providers.

Growing Market Presence With a relatively small workforce and a revenue range of 1 million to 10 million, Privaris shows potential for growth within the biometric authentication industry. Their innovative product offerings position them to scale up and attract larger enterprise clients seeking next-generation security solutions.

Funding and Innovation Focus Privaris has secured $29 million in funding, indicating strong investor confidence and support for ongoing product development. This financial backing can be used to enhance technological capabilities and expand into new markets, making the company an attractive partner for resellers and integrators.