Alcatraz Raises $50 Million for Privacy-Focused Facial Authentication System
Alcatraz has raised $50 million in a Series B funding round to expand its AI-powered physical access control system, announced in a press release. The round was led by BlackPeak Capital, Cogito Capital Partners, and Taiwania Capital, bringing the company's total funding to over $100 million.
The Cupertino-based company develops a facial authentication platform called the Rock, which verifies employee identity at entry points without storing photographs or personal data. The system is designed to meet global privacy requirements such as GDPR, CCPA, and BIPA.
Alcatraz reports that its technology is already in use at major U.S. airports, energy companies, AI data centers, and Fortune 100 enterprises. The company saw significant growth in 2025, including a fivefold increase in Fortune 500 deployments.
The new funding will support Alcatraz’s expansion into additional industries and international markets, as well as continued hiring. The company expects 2026 to be its strongest year yet.
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