Announced
Completed
Financials
Tags
identification technology
Cross Border
Private
Brazil
Minority
Completed
Software
ID protection solutions
facial recognition
Acquisition
Private Equity
Friendly
Synopsis
General Atlantic and SoftBank completed a $108m investment in Acesso Digital, a developer of facial recognition and identification technology. “The value of digitally-native, flexible solutions has only increased as companies continue to adapt to the digital era. This funding will allow us to further expand our participation in this trend and refine our leadership position in key existing and new markets, including telemedicine, e-commerce, and telecommunications. We are grateful to be partnering with two of the largest global technology investors – General Atlantic and the SoftBank Latin America Fund – and look forward to working with our new strategic partners to further scale the business,” Diego Martins, Acesso Digital Founder and CEO.
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