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Biometrics supplier Global Rainmakers secures $40m

October 21, 2010Daniel Gelinas

NEW YORK—Worldwide biometrics provider Global Rainmakers has secured $40 million in new funding and undergone a name change in preparation for the next phase of its growth, according to chief development officer Jeff Carter. The company has also changed it's name from Global Rainmakers to Hoyos, after it's CEO. “This infusion is a strong signal in a really tough time to raise money that we have a really incredible story to tell,” Carter said. “We have a strong product that...

Global Rainmakers, Hector Hoyos, Hoyos, Jeff Carter, Stelac Capital Partners