Computer vision startup AnyVision pulls in new funding from Lightspeed

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While there have been a few massive surveillance startups in China that have raised funds on the back of computer vision advances, there’s seemed to be less fervor outside of that market. Tel Aviv-based AnyVision is aiming to leverage its computer vision chops in tracking people and objects to create some pretty clear utility for the enterprise world.

After announcing a $28 million Series A in mid-2018, the computer vision startup is bringing Lightspeed Venture Partners into the raise, closing out the round at $43 million.

“When you have a company with the technology AnyVision has, and the market need that I’m hearing from across industries, what you need to do is push the gas pedal and build an organization which can monetize and take on this opportunity to grow massively,” Lightspeed partner Raviraj Jain told TechCrunch.

Right now the 200-person company has its eyes on the security and identity markets as it aims to bring its computer vision technology into more industry-tailored solutions.

The company’s “Better Tomorrow” product delivers camera-agnostic surveillance insights from its object and human-tracking tech. “Sesame” is the company’s consumer-facing play for bringing mobile banking authentication to hundreds of millions of phones. The company is still looking to release a retail analytics platform to customers, as well.
Source: TechCrunch

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