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Tech Industry

Authentec picks up $12.1 million

Authentec announced Monday it raised a $12.1 million third round of funding, led by Sierra Ventures. Previous investors Harris Venture First, Knickerbocker, Advantage Capital Partners and Stonehenge Capital also contributed to this round. The Melbourne, Fla.-based company has raised a total of nearly $50 million to date. Authentec is a chipmaker that focuses on providing biometric fingerprint sensors to the PC, wireless, PDA (personal digital assistant), access control and automotive industries.