About
ClipFort develops advanced safety solutions for defense, law enforcement, and consumer applications. The companys patented Biometric Magazine embeds fingerprint-recognition technology with a locking mechanism to enhance firearm safety and security.
ClipForts solution incorporates biometric and network connectivity into the firearms experience, leading to greater peace of mind and reducing risk to the public. In addition to locking out unauthorized users, the ClipFort product enables tracking and management of a firearms location, status, and maintenance.
The ClipFort solution keeps firearms both safe and accessible at all times. The biometric magazine can be activated instantaneously, but only by specifically authorized users of the firearm. The firearm ammunition clip itself incorporates a proprietary blend of biometrics and network connectivity to block any unauthorized users from discharging the weapon.
Funding history · 1 round · $1.2M total
Company Intelligence Q&A
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- What is ClipFort's primary product?
- ClipFort develops a patented Biometric Magazine that embeds fingerprint-recognition technology with a locking mechanism to enhance firearm safety and security.
- When was ClipFort founded?
- ClipFort was founded in June 2013.
- What is the current status of ClipFort?
- According to startupim data, ClipFort is currently inactive as of February 2017.
- How much funding has ClipFort raised in total?
- ClipFort has raised a total of $1,200,000.
- Which investor participated in ClipFort's funding round?
- OurCrowd was an investor in ClipFort's equity crowdfunding round in September 2014.
- What was the outcome of the announced transaction between Azonto Petroleum and ClipFort?
- In June 2016, Azonto Petroleum announced that its transaction with ClipFort would not proceed.
- What was reported regarding ClipFort in April 2016?
- In April 2016, it was reported by Biometric Update that Israeli smart gun startup ClipFort was acquired for $28.1 million.
- What is ClipFort's employee count?
- ClipFort has between 1-10 employees.