What is Security Identification Systems?
Security Identification Systems Corporation (SISCO) has been a pioneer in Visitor Management Solutions since 1994. The company develops sophisticated systems designed to monitor, control, and authorize passage in and out of designated areas. SISCO's access control applications leverage biometric matching and database authorization to enhance security. Their offerings include identification of individuals and assets, automatic data collection, travel document verification, and customizable badge generation. SISCO's technology is critical for sectors such as airlines, marine, cruise lines, correctional facilities, military, hospitals, law enforcement, and government agencies, providing robust security controls with high efficiency and reliability. Solutions like A-PASS® and FAST-PASS® are setting industry standards in cruise line and corporate access management, respectively, with A-Pass Marine specifically addressing maritime boarding regulations through passport and driver's license verification.
How much funding has Security Identification Systems raised?
Security Identification Systems has raised a total of $827K across 2 funding rounds:
Debt
$350K
Debt
$477K
Debt (2020): $350K with participation from PPP
Debt (2021): $477K led by PPP
Key Investors in Security Identification Systems
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Security Identification Systems?
With the recent major strategic investment, Security Identification Systems is poised for accelerated growth and further innovation in access control and visitor management technologies. The substantial capital infusion, particularly in the context of enterprise-level funding, suggests a strategic push towards expanding market reach, enhancing product development, and potentially exploring new high-security verticals. This financing will likely enable SISCO to solidify its leadership in critical infrastructure security, further developing its advanced biometric and identification solutions to meet evolving global security demands.
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