Biometric sensor technology company Valencell announced this week that it has raised $10.5 million in Series E, bringing the company’s total funding to $35 million. The new backing primarily comes as the result of a strategic investment by hearing instrument and specialty earphone company Sonion a/s, with additional participation from prior investors including TDF Ventures, GII LLC, and WSJ Joshua Fund.

According to a statement, the new funding will be used to further improve the technology behind Valencell’s biometric sensors while expanding sales growth. Read More