Alcatraz raises $50 Million Series B funding

Alcatraz which makes an AI-powered physical access control system that authenticates employees without collecting personal data, has closed a $50 million Series B funding round, bringing total capital raised to more than $100 million. The round was led by BlackPeak Capital, Cogito Capital, and Taiwania Capital, with participation from existing investors Almaz Capital, EBRD, Ray Stata, and others.

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