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These 22 Boston Startups Raised More Than $372M in June

June brought the heat on the funding scene in the Boston startup ecosystem with five startups raising over $231 million. Veridium, a startup that wants to replace passwords with biometrics, announced on Friday that it has closed a Series B funding round worth $16.5 million.
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Veridium raises USD 16.5 mln to further biometrics development

Veridium, a US-based authentication solutions provider using biometrics instead of passwords and tokens, has closed its Series B funding round of USD 16.5 million. The round was led by Michael Spencer, with participation from Citrix Systems and Michael Powell.
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Veridium Raises $16.5M in Strategic Series B Funding Round

Veridium, a leader in authentication solutions using biometrics instead of passwords and tokens, closed its Series B funding round of $16.5m. The round was led by Michael Spencer, with participation from Citrix Systems and Michael Powell.
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Veridium raises $16.5m for biometric authentication platform

Veridium has closed its Series B funding round on $16.5m. The financing round was led by UK entrepreneur and philanthropist, Michael Spencer, with participation from Citrix Systems and financial services executive and investor Michael Powell.
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Boston tech reeled in a whopping $261.5M this June

June temperatures aren’t the only thing heating up in Boston: VC funding also picked up steam this month, with five startups sizzling up a total $261.5 million in funding. The financing will allow Veridium to continue to drive innovation and accelerate product development.
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Veridium Closes $16.5M Strategic Series B Funding Round

Veridium, a leader in strong authentication solutions using biometrics instead of passwords and tokens, today announced that it has closed its Series B funding round of $16.5 million.
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Business Bulletin: Equity firm to embark on £100m travel deal

Michael Spencer has made a $14.2 million investment in a US financial technology business. Mr. Spencer has invested in Veridium, which specialises in biometric authentication. He said he would be investing in the business through his investment vehicle, IPGL.
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Veridium raises $16.5 million for biometric authentication

Veridium, a start-up based in Quincy, Mass., announced $16.5 million in Series B funding for its biometric authentication solutions. Veridium offers a software-only biometrics platform that enables users to replace passwords, tokens, OTPs or swipe cards.
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Shell Backs Openbay, Ex-Nest Exec’s New Startup & More Boston Deals

Veridium, a Quincy, MA-based company developing software to power biometrics-based identity authentication products, said it raised $16.5 million in a Series B funding round, according to a press release e-mailed to Xconomy.
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Veridium closes $16.5m series B funding round

Authentication solutions firm Veridium has closed its Series B funding round of $16.5 million. The investment round was led by UK entrepreneur and philanthropist, Michael Spencer, with participation from Citrix Systems, Inc. and financial services executive and investor Michael Powell.
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