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Markham Headquartered Invixium Raises $4.5 Million in Debt Financing for Biometric Security Solution

InvixiumInvixium, a biometric security products manufacturer for access control and workforce digitalization, based in Markham, has received $4.5 million CAD ($3.5 million USD) in debt financing from CIBC Innovation Banking.

Invixium, which builds internet-ready biometric security solutions that use face, finger vein, and fingerprint recognition for access control, workforce management, and smart building automation, will use the funding to support its expansion plans. Invixium’s solution consolidates data capture devices and software that provide precise audit trails of access and meaningful analytics to businesses, in order to increase productivity and security.

Full Article: betakit.com


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