Subtitle.
Voice biometrics company PerSay Ltd. has raised $2.4 million from Teuza - A Fairchild Technology Venture Ltd. (TASE:TUZA), Shrem Fudim Technologies Ltd. (TASE:SFKT), and PerSay chairman Dr. Shuki Gleitman. Teuza has an option on a further investment of a similar amount next year.
PerSay develops and markets biometric voice identification products for use mainly by banks, insurance companies, mutual funds and telephony companies that require authentic customer verification to prevent incidences of identity theft and fraud.
Published by Globes [online], Israel business news - www.globes-online.com - on November 23, 2008
© Copyright of Globes Publisher Itonut (1983) Ltd. 2008