INSUBCONTINENT EXCLUSIVE:
TypingDNA, a four-year-old, 18-person startup that was founded in Bucharest, Romania and more recently moved its headquarters to Brooklyn,
New York, has closed on $7 million in Series A funding for something interesting: AI-driven technology that it says can recognize people
A two-year-old, PC World article says research in the field dates back 20 years
It also says that inaccuracies have kept the technology from being used as a widespread way to authenticate individuals
TypingDNA meanwhile asserts that the typing pattern recognition technology it has developed has an accuracy rate of between 99% and
99.9%.According to Popa, TypingDNA is currently working with banks, financial and payment apps, online education platforms, enterprise apps,
consumer apps and government apps that are concerned with identity and fraud prevention.On the education front, for example, it helps
biometrics-based products that can easily be integrated to solve various use cases, and helping banks and fintechs where regulation asks for
Indeed, if all goes as planned, it eventually also could be applied to other technologies, as well to improve binary classification quality
when few training samples are used.
