Bitcoin Hardware Maker Case Wallet Pockets $1.5 Million / YULIYA CHERNOVA / Jun 18, 2015

Case Wallet Inc., just started taking preorders for its credit-card-size device used to securely store and send bitcoin, but it sees much broader applications for its biometric and other security know-how.The startup has raised $1.5 million in seed funds to explore other uses, especially for identity verification in financial-information access, Case founder and Chief Executive Melanie Shapiro told Venture Capital Dispatch.

“Ultimately, what we’ve built is a secure signing device,” Dr. Shapiro said.

The New York-based startup received its equity seed round from FuturePerfect Ventures, which led the deal, as well as RRE Ventures, High Line Venture Partners and the Rochester Institute of Technology Fund.