Aimed at making passwords redundant, Apple makes its fourth Israeli acquisition, a Tel Aviv-based company that offers its users secure biometric logins, bought for an estimated $2 million.
Multinational technology company Apple Inc. has bought Israeli startup RealFace Technology for an estimated $2 million, Israeli media reported Sunday.
Founded in 2014 by Adi Eckhouse Barzilai and Aviv Mader, the Tel Aviv-based startup is a leading developer of facial recognition technology. Its software offers users a smart biometric login, with the aim of making passwords redundant when accessing mobile devices or personal computers.
According to the Jewish Business News, RealFace has 10 employees, and it had raised $1 million prior to Apple’s acquisition. Continue Reading »