AnyVision closes $74 million funding round with participation from M12 and DFJ Growth
AnyVision has closed its $74 million Series A financing round with new investment coming from M12 Microsoft’s venture fund, DFJ Growth and OG Technology Partners. AnyVision previously announced investment from LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures, and Eldridge Industries as part of the Series A round.
The computer vision company was founded in 2015 and develops agnostic core software solutions that make all cameras smart. AnyVision specializes in AI-based object, body, and facial-recognition software and currently develops technology for security and surveillance, mobile authentication, access control, and real-world analytics. These solutions are being used across various industries 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.
“There are very few times in business when you have the opportunity to build an entirely new industry alongside leading ecosystem players,” says 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.”
“Our mission at DFJ Growth is to back disruptive innovators addressing large, emerging market opportunities,” adds Sam Fort, Partner at DFJ Growth. “We believe AnyVision has clearly separated itself as a leader in the high-growth market for computer vision, supported by glowing customers reviews praising how AnyVision’s products are improving safety and customer experience. We have also been impressed with AnyVision’s leadership in driving privacy and ethics standards for the use of recognition technology. We look forward to working with AnyVision to help them accelerate their rapid growth.”
AnyVision has more than 240 employees globally, with offices in Tel Aviv, New York, Mexico, London, and Singapore, and a team of over 30 PhDs in Belfast focused solely on computer vision research. AnyVision’s global customers number in the hundreds, including many Fortune 50 clients.
Dallmeier integrates AnyVision facial recognition
German manufacturer Dallmeier announced today a development partnership that will see AnyVision’s facial recognition software integrated into the Dallmeier HEMISPHERE SeMSy Video and Security Management Suite. The HEMISPHERE software platform offers customers a wide variety of modular solutions for security applications and business process optimization.
According to the announcement the integration of AnyVision’s biometric technology will enable Dallmeier customers to use facial recognition data within various modules of the Dallmeier HEMISPHERE software platform optimizing security and business processes through blacklist / whitelist procedures, marketing optimization customer recognition, forensic evaluations in law enforcement procedures or automating of access controls in office or manufacturing environments.
AnyVision’s facial recognition solution will also be integrated into other solution suites of the HEMISPHERE platform, including the Situational Awareness / Incident Management or Data and Security Information Management.