ClipFort
Biometric Ammunition Magazine for Firearms Security
Company Overview
Snapshot
Founded in June 2013 by Daniel Biran, Omer Kotzer, and Tsachi Cohen, ClipFort operates with 1–10 employees. The company raised $1.2 million across one funding round. In April 2016, ClipFort was acquired for $28.1 million.
Business overview
ClipFort develops advanced safety solutions for defense, law enforcement, and consumer applications within the Aerospace, Defense & HLS sector. The company's core technology is a patented Biometric Magazine that embeds fingerprint-recognition technology with a locking mechanism to enhance firearm safety and security. This solution incorporates biometrics and network connectivity to prevent unauthorized use, track firearm location and status, and manage maintenance, serving markets that include public safety, homeland security, and personal safety.
Strategic signal
In April 2016, ClipFort was acquired for $28.1 million, signaling a significant validation of its biometric firearm safety technology. This acquisition highlights the growing interest in advanced security solutions for firearms and demonstrates the potential for innovative approaches to address public safety concerns within the defense and law enforcement industries.
Log in to access full profile ›Company Intelligence Q&A
- What is ClipFort's primary product?
- ClipFort's primary product is a patented Biometric Ammunition Magazine that integrates fingerprint-recognition technology and a locking mechanism to enhance firearm safety and security.
- When was ClipFort founded and by whom?
- ClipFort was founded in June 2013 by Daniel Biran, Omer Kotzer, and Tsachi Cohen.
- What was a significant corporate milestone for ClipFort?
- In April 2016, ClipFort was acquired for $28.1 million by an undisclosed entity, marking a significant validation of its biometric firearm safety technology.
- What is the total capital raised by ClipFort?
- ClipFort raised a total of $1.2 million across one funding round.
- What industries does ClipFort serve?
- ClipFort serves the defense, law enforcement, and consumer markets with advanced safety solutions, focusing on public safety, homeland security, and personal safety applications.