December 15, 2014 -
The founder of facial recognition software developer Kairos was one of two entrepreneurs selected as Endeavor Entrepreneurs last week during Endeavor’s 56th International Selection Panel, according to a report by the Miami Herald.
Kairos founder and CEO Brian Brackeen said that the company’s facial recognition technology is able to capture a facial image through 85 points of interest and then render the image as a 3D model to ensure 99 percent identification accuracy.
Even in the event that an individual changes their appearance by growing a beard or putting on glasses, Kairos software is able to correctly identify the person.
The company’s API is able to detect and recognize faces captured by cameras featured on most tablets, smartphones and webcams, ensuring that users do not need any extra hardware or infrastructure.
The biometric identification technology can be used by various public and private organizations, including hospitals, schools and cruise lines.
Brackeen, who previously worked at IBM and Apple before founding Kairos, has already secured contracts with key enterprise clients.
“With Endeavor’s support, I will be working on sales talent and sales strategy, setting up reselling relationships and working on our $10 million capital raise,” said Brackeen.
Endeavor is a worldwide nonprofit organization that mentors high-potential, “high-impact” entrepreneurs, keeping them on target and in line to grow into companies of global influence.
“Endeavor now has supported 1,000 entrepreneurs in 22 countries. We have helped those entrepreneurs generate over 400,000 new jobs and they now generate $7 billion annually,” said Linda Rottenberg, co-founder and CEO of Endeavor Global. “We don’t focus on the start-up — we focus on the scale-up.”
To be selected as an Endeavor Entrepreneur, each of the 36 finalists had to receive a unanimous vote from all six panelists.
All the selected companies will receive an Endeavor advisory board based on the entrepreneur’s unique needs, including specialists in rapid hiring, pricing models, growth strategy or capital-raising.