FB pixel

Austin GIS launched to support computer vision IaaS with $6M from Vsblty, others

Categories Biometric R&D  |  Biometrics News  |  Trade Notes
Austin GIS launched to support computer vision IaaS with $6M from Vsblty, others
 

SaaS based software technology company Vsblty is one of five founding partners of new startup Austin GIS, formed to focus on large Infrastructure as a Service (IaaS) projects involving the internet of things (IoT) and 5G radio access networking (RAN).

IaaS is an increasingly popular way to finance large IT infrastructure projects, and Austin GIS will address the market for large-scale infrastructure in support of computer vision and machine learning.

Philadelphia-based Vsblty will contribute retail analytics and computer vision technology to the startup in an exclusive provider arrangement, and will focus on enabling Device as a Service, Retail Analytics as a Service, and Smart City Analytics as a Service. Vsblty’s retail offerings include facial recognition application Vector for enhanced security.

With $6 million in seed investment; $1.25 million each from Indian technology companies HCL and Tech Mahindra, $1 million from Vsblty, and a further $2.5 million from two other companies who will be named at a later date, one of them a member of the Fortune 500.

Vsblty will invest in Series A Preferred Stock, purchasing a 10 percent seed position in the startup, says Co-founder and CEO Jay Hutton, while HCL and Tech Mahindra will gain 13.9 and 13.8 percent, respectively. “Vsblty is excited to be joining other leading global tech companies as partners in this strategic ground floor joint venture,” says Hutton.

In July Vsblty announced a new collaboration to provide first responders and 911 telecommunicators with the ability to access biometrics and other incident data from Vsblty’s Vector software via RapidSOS.

Article Topics

 |   |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Biometrics developers dance with data privacy regulations continues

Biometrics controversy and investments are often found side by side, as seen in many of this week’s top stories on…

 

EU AI Act should revise its risk-based approach: Report

Another voice has joined the chorus criticizing the European Union’s Artificial Intelligence Act, this time arguing that important provisions of…

 

Swiss e-ID resists rushing trust infrastructure

Switzerland is debating on how to proceed with the technical implementation of its national digital identity as the 2026 deadline…

 

Former Jumio exec joins digital ID web 3.0 project

Move over Worldcoin, there’s a new kid on the block vying for the attention of the digital identity industry and…

 

DHS audit urges upgrade of biometric vetting for noncitizens and asylum seekers

A recent audit by the DHS Office of Inspector General (OIG) has called for the Department of Homeland Security (DHS)…

 

Researchers spotlight Russia’s opaque facial recognition surveillance system

In recent years, Russia has been attracting attention for its use of facial recognition surveillance to track down protestors, opposition…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events