VoiceVault Enters Administration, Selling Off Assets

VoiceVault, a provider of voice biometrics, has been taken over by administrators and will sell off its business and assets, according to Computer Business ReviewTwo administrators from Smith and Williamson have appointed to oversee the process. McGill told Computer Business Review that VoiceVault has been funded mostly via equity investment, and requires working capital to continue its development.

 

The administrators say they have identified potentially interested parties, and are approaching possible buyers. VoiceVault will attempt to sell its VoiceAuth SaaS platform, VoiceSign IVR-based e-signature product, and VIM identity and access management system.

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