Anonybit plans biometric product and market upgrades, builds team with $3M funding round

Anonybit has raised $3 million and says it plans to accelerate its delivery of privacy-by-design identity management technologies to enterprises. Those technologies make use of a patent-pending method of distributed storage for biometrics and other sensitive data to combat data breaches and account takeover attacks.

The funding round was led by Jam Fintop, with participation from Connecticut Innovations, and brings Anonybit to $8 million raised in total so far. The company announced $3.5 million in funding at the beginning of …

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