New York, United States: AnyVision closes $74 million Series A funding from Microsoft’s venture fund, DFJ Growth, and OG Technology Partners.
The funding is an extension of Series A round. Earlier, AnyVision raises investment from LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures, and Eldridge Industries in Series A.
Founded in 2015, Anyvision is a leading computer vision company specializing in face, body, and object-recognition software. The company develops core software solutions that make all cameras smart. These solutions are agnostic to all cameras, computing frameworks, and use-cases.
“There are very few times in business when you have the opportunity to build an entirely new industry alongside leading ecosystem players,” said Eylon Etshtein, CEO and Co-Founder of AnyVision.
“We are fortunate to have the backing of chipmakers like Qualcomm, camera manufacturers such as Bosch, and now cloud service providers like Microsoft through M12’s investment. We have the optimal combination of industrial validation and financial horsepower to become the leader in this industry.”
AnyVision currently develops technology for security and surveillance, mobile authentication, access control, and real-world analytics. These core solutions are being utilized today across various industries including banks, stadiums, casinos and retail to improve safety, realize cost savings, and increase customer satisfaction.
The new funding will be used to continue growing the company’s existing geographies and industry verticals.
AnyVision technology does not collect or share user data, nor does it capture images. The data captured is rendered in the form of mathematical vectors which act as unbreakable cryptography and prevent identity hacking.
Today, AnyVision has more than 240 employees globally, with offices in Tel Aviv, New York, Mexico, London, and Singapore, and a dedicated team of over 30 PhDs in Belfast focused solely on computer vision research.
AnyVision’s global customer’s number in the hundreds, including many Fortune 50 clients.