Princeton Identity Launches as Independent New Venture from SRI International

  • Aug 29, 2016

Princeton Identity Inc., formerly a line of business of SRI International marketed under the SRI Identity brand, launched operation today as an independent company. Princeton Identity will continue to build on SRI’s successful legacy of delivering leading-edge biometric technologies for a wide range of government and commercial applications, as well as for mainstream physical identity access management (PIAM) applications. 

Funding for the launch of Princeton Identity as an independent entity came primarily from Samsung Ventures, a longtime SRI International collaborator on iris biometric technology projects. “Samsung Ventures is very excited about the opportunity to support the creation of Princeton Identity and the growth opportunity that the biometric technology represents,” said Hyuk-Jeen Suh, Senior Director of Samsung Ventures.

“Iris recognition will enable the next generation of smart devices and IoT to create more secure access control than what is typically available today. The days of remembering and entering passwords will soon be in the past,” said Mark Clifton, Princeton Identity’s Chief Executive Officer. “Princeton Identity will extend the strong legacy of biometrics technology development established by SRI Identity. Launching as a separate venture enables us to place our full focus on becoming a leader in identity management and access control across a number of verticals, including security and mobile access control.” 

“SRI and Samsung Ventures have been collaborating to launch a biometrics company for some time and SRI is proud to see the innovation commercialized by Princeton Identity,” said Manish Kothari, Ph.D., President, SRI Ventures at SRI International. “The creation of Princeton Identity is yet another new company born from the SRI innovation engine. This new line of business for SRI’s biometric solutions is an important step in translating technology to the marketplace.”

Featured

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

  • OpenAI's GPT-4 Is Capable of Autonomously Exploiting Zero-Day Vulnerabilities

    According to a new study from four computer scientists at the University of Illinois Urbana-Champaign, OpenAI’s paid chatbot, GPT-4, is capable of autonomously exploiting zero-day vulnerabilities without any human assistance. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West
Most   Popular

Featured Cybersecurity

Webinars

New Products

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols. 3

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame. 3