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Sonavation

sonavation.com

Founded Year

2006

Stage

Option/Warrant | Alive

Total Raised

$69.81M

Last Raised

$970K | 3 yrs ago

About Sonavation

Sonavation designs and develops ultrasound biometric fingerprint sensors for secure authentication into smartphones, tablets, wearables, automotive, and other connected devices.

Headquarters Location

3970 RCA Blvd. Suite 7003

West Palm Beach, Florida, 33410,

United States

561-209-1201

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Expert Collections containing Sonavation

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Sonavation is included in 2 Expert Collections, including Cybersecurity.

C

Cybersecurity

4,937 items

D

Digital ID In Fintech

268 items

For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.

Sonavation Patents

Sonavation has filed 1 patent.

The 3 most popular patent topics include:

  • Biometrics
  • Sensors
  • Authentication methods
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/11/2019

4/14/2020

Biometrics, Human hair, Sensors, Authentication methods, 3D imaging

Grant

Application Date

1/11/2019

Grant Date

4/14/2020

Title

Related Topics

Biometrics, Human hair, Sensors, Authentication methods, 3D imaging

Status

Grant

Latest Sonavation News

World Fingerprint Sensor Market Growth, Opportunity And Forecasts 2020-2025: How Has The Market Been Impacted By COVID-19

Oct 28, 2020

World Fingerprint Sensor Market Growth, Opportunity And Forecasts 2020-2025: How Has The Market Been Impacted By COVID-19 DUBLIN, Oct. 28, 2020 /PRNewswire/ -- The "Fingerprint Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets. Author: Oct 28, 2020 1:00 PM EDT The global fingerprint sensor market grew at a CAGR of around 16% during 2014-2019. A fingerprint sensor is a component of the biometric security system that scans an individual's fingerprints, which are then used to authenticate their identity. It captures high contrast fingerprint images and converts them into digital code and stores as fingerprint minutiae. The fingerprint sensor is fast, reliable, convenient, cost-effective and can be seamlessly integrated into different devices. As a result, it finds application in the consumer electronics, government and law enforcement, aerospace, healthcare, defense and military, and banking, financial services and insurance (BFSI), travel and immigration sectors across the globe.The increasing instances of security breaches in various industries are driving the sales of fingerprint sensors. These devices are employed to strengthen the authentication process and provide secure access control to numerous facilities and IT systems. Apart from this, these sensors are gaining widespread adoption in digitizing time and attendance systems in corporate and government organizations worldwide. Furthermore, due to the growing trend of automation, fingerprint sensors are extensively being integrated into smartphones, wearables and modern vehicles to launch engine operations and unlock phones, applications and door locks. Besides this, the leading market players are incorporating advanced technologies, such as artificial intelligence (AI), to increase the accuracy of the authentication process and provide a personalized user experience, which, in turn, is strengthening the market growth. However, the market is negatively impacted by the sudden outbreak of the coronavirus disease (COVID-19) and the consequent lockdowns declared by the governing agencies of different countries. The market is anticipated to revive once normalcy is regained. Looking forward, the publisher expects the global fingerprint sensor market to continue its strong growth during the next five years. Key Market Segmentation:The publisher provides an analysis of the key trends in each sub-segment of the global fingerprint sensor market report, along with forecasts for growth at the global, regional and country level from 2020-2025. The report has categorized the market based on region, type, technology and application. Competitive Landscape:The report has also analysed the competitive landscape of the market with some of the key players being 3M Cogent Inc., Anviz Global Inc., Apple Inc., BIO-Key International Inc., Egis Technology Inc, Fingerprint Cards AB, IDEMIA (Advent International Corporation), Idex Biometrics ASA, M2SYS Technology, Next Biometrics Group ASA, NEC Corporation, Qualcomm Technologies Inc., Shenzhen Goodix Technology Co. Ltd., Sonavation Inc., Synaptics Incorporated and Vkansee Technology Inc. Key Questions Answered in This Report: How has the global fingerprint sensor market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global fingerprint sensor market? What are the key regional markets? What is the breakup of the market based on the type? What is the breakup of the market based on the technology? What is the breakup of the market based on the application? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global fingerprint sensor market and who are the key players? What is the degree of competition in the industry? Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction4.1 Overview4.2 Key Industry Trends 5 Global Fingerprint Sensor Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast 6 Market Breakup by Type 7 Market Breakup by Technology 8 Market Breakup by Application 9 Market Breakup by Region 10 SWOT Analysis 11 Value Chain Analysis 12 Porters Five Forces Analysis 13 Price Analysis 14 Competitive Landscape14.1 Market Structure14.2 Key Players14.3 Profiles of Key Players 3M Cogent Inc. Sonavation Inc.

Sonavation Web Traffic

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Sonavation Frequently Asked Questions (FAQ)

  • When was Sonavation founded?

    Sonavation was founded in 2006.

  • Where is Sonavation's headquarters?

    Sonavation's headquarters is located at 3970 RCA Blvd., West Palm Beach.

  • What is Sonavation's latest funding round?

    Sonavation's latest funding round is Option/Warrant.

  • How much did Sonavation raise?

    Sonavation raised a total of $69.81M.

  • Who are the investors of Sonavation?

    Investors of Sonavation include Easton Capital.

  • Who are Sonavation's competitors?

    Competitors of Sonavation include Nymi, Socure, Diamond Fortress Technologies, Smile Identity, Transmit Security and 14 more.

Compare Sonavation to Competitors

Socure Logo
Socure

Socure specializes in Day Zero digital identity verification technology. Its predictive analytics platform applies AI and ML techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities instantly. The company was founded in 2012 and is based in Incline, Village, Nevada.

T
Tactical Information Systems

Tactical Information Systems provides complete identity solutions that meet the needs of governments, law enforcement, border security and identity communities. BeehiveID is face recognition software for identity authentication & verification.

BIOWATCH Logo
BIOWATCH

BIOWATCH develops a biometric recognition system that can be integrated into any wearable for secure authentication, mobile payment protection, and smart device interaction. Its authentication solution uses the unique pattern of the user's wrist-veins to recognize them, hence providing a secure source of authentication. BIOWATCH enables users to unlock a car, access an office, log in to the internet, purchase goods and services, and sign contracts and digital documents.

HYPR Logo
HYPR

HYPR specializes in decentralized biometric security to users across the Fortune 500. The company's FIDO -Certified software is integrated into employee and customer-facing applications to eliminate fraud, enhance user experience, and increase revenue. From banking to mobile payments and even connected cars, HYPR leverages biometric sensors across a fully interoperable architecture to ensure user data is kept private across the Internet of Things.

P
Privaris

Privaris develops wireless biometric authentication devices using fingerprint recognition technology that can overlay onto existing security systems.

I
InCights Mobile Solutions

InCights Mobile Solutions is a developer and provider of voice biometrics software and delivery systems. The company's vision is to establish Voice biometrics as a de-facto standard for remote authentication over telephony and other online channels.

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