Taiwan-based mobile authentication startup AirSig has received US$2M of investment from Hon Hai/Foxconn Technology Group. Under the deal, Foxconn will hold a 10% of its share and join the board of directors, bringing the valuation of AirSig to USD$20M. The investment from Foxconn will be used in R&D and expansion into global markets, according to Pokai Michael Chen, CEO of the company.

AirSig is engaged in developing digital signing technology Air Signature which can accurately identify user and command at the same time. Enabled by the g-sensor and gyroscope that are embedded in smartphones, Air Signature can capture user’s unique way of writing for verifying identity and recognizing command spontaneously.

To unlock the phones, users only need to write in the air using their handsets like a magic wand while keeping one finger on the touch screen during the signing process. The technology also can be used in mobile devices, e-payment, e-commerce, IoT, etc.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.