Pangiam Acquires Trueface to Expand Computer Vision and Biometrics Capabilities

June 2, 2021

Pangiam, a travel and security technology provider backed by AE Industrial Partners, acquired Trueface, a U.S.-based computer vision company specializing in facial recognition, weapon detection and age verification. Terms were not disclosed; Trueface founders Shaun Moore and Nezare Chafni will join Pangiam, and the deal strengthens Pangiam's biometric offerings for airports, federal and commercial customers.

Buyers
Pangiam, AE Industrial Partners, LP
Targets
Trueface
Platforms
Pangiam
Location
California, United States
Transaction Type
Addon

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