Alcatraz Raises $50M Series B
Alcatraz raises $50M in Series B funding led by BlackPeak Capital, Cogito Capital, and Taiwania Capital to expand its AI-powered facial authentication platform.
Alcatraz Raises $50M Series B
Alcatraz, a Cupertino-based startup specializing in AI-powered physical access control and facial authentication systems, has announced a $50 million Series B funding round. This latest investment brings the company's total capital raised to over $100 million as it continues to secure critical infrastructure including major AI data centers and airports.
Investors
The round was co-led by BlackPeak Capital, Cogito Capital, and Taiwania Capital. Additional participation came from existing investors Almaz Capital, EBRD, and Ray Stata.
Alcatraz Use of Funds
Alcatraz plans to utilize the new capital to scale its operations into new business verticals and international markets, while also expanding its internal team to support continued growth.
About Alcatraz
Founded in 2016 by former Apple engineer Vince Gaydarzhiev, Alcatraz aims to replace legacy badge-based security with privacy-focused, AI-driven facial authentication. Its flagship product, the Rock, verifies identity through facial authentication without storing personal data or biometric images, helping enterprises and high-security facilities meet strict compliance standards like GDPR and CCPA.
Funding Details
Company Website: https://alcatraz.ai
Company: Alcatraz
Raised: $50M
Round: Series B
Funding Date: April 2, 2026
Lead Investor: BlackPeak Capital, Cogito Capital, and Taiwania Capital
Additional Investors: Almaz Capital, EBRD, Ray Stata
Company Website: https://www.alcatraz.ai
Software Category: Cybersecurity
Source: https://www.prnewswire.com/news-releases/alcatraz-raises-50-million-to-replace-the-badge-with-your-face--without-sacrificing-privacy-301788775.html