The new name reflects a new collaboration with Carnegie Mellon University’s (CMU) CyLab Biometric Research Center. The CMU partnership will focus on early-stage research in object, body, and behavior recognition.
Rhombus Systems, a provider of cloud managed physical security solutions, announced a $10 million round of funding led by Cota Capital with existing investors MSD Partners, Lemnos Labs, and Promus Ventures also participating in the round.
While Nexkey might be new to the security scene, the company has already made a name for itself, earning a coveted New Product Showcase Award from the Security Industry Association in the wireless access control device and peripheral category at ISC West last year.
