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Bionym Sees Series A Venture Capital

Friday, September 26, 2014 5:30:00 AM PDT | VentureDeal

   Toronto, Canada  --  Security technology company Bionym has landed $14 million in its first round of venture capital investment.

Bionym has created an electronic wristband that provides biometric recognition to the user.

Ignition Partners and Relay Ventures led the round, which included other strategic investors.

The company plans to release its Nymi Band electronic wristband later in 2014.

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