Guangzhou
China
CloudWalk
CloudWalk Technology Co. Ltd. is a Guangzhou, China-based developer of facial recognition software.
CloudWalk Biometrics News
CloudWalk accepted for potential $580M biometrics IPO on Shanghai Star Market
A race to launch a public stock offering appears to be shaping up between China’s four face biometrics unicorns, with…
| Jun 21, 2021 | Not smarting from US sanctions, SenseTime says its IPO is on againFace biometrics giant SenseTime is again pushing forward with a planned IPO. Expected to raise as much as $2 billion… |
| Jun 14, 2021 | Ipsidy rebrands to reflect biometric authentication focus, prepares for uplistIpsidy is now known as authID.ai in a rebrand amid a flurry of organizational moves by the biometric authentication provider…. |
| Mar 12, 2021 | AnyVision facial recognition scores among FRVT 1:1 leaders, CloudWalk revealed as MoonTime developerAnyVision has earned top rankings for biometric accuracy across all five category groups in the latest Face Recognition Vendor Test… |
| Dec 7, 2020 | China’s biometrics unicorns on the move as CloudWalk applies for $573M IPOChinese face biometrics and artificial intelligence solutions provider CloudWalk is working towards initial public offering on the Shanghai stock exchange… |
| Jun 23, 2020 | Face and voice biometrics providers in China boosted by AI market growth, Megvii works on robot networkWith $2.89 billion registered in 2019, IDC reports the AI software and application market in China is forecast to grow… |
| May 26, 2020 | Chinese government and biometrics suppliers respond to U.S. Entity List expansionState publication China Daily reports expert opinion that the addition of 33 new companies, including five biometrics providers, to the U.S…. |
| May 22, 2020 | Biometrics providers among Chinese companies added to U.S. Entity List for rights abusesBiometrics firms are again prominent among new companies based in China added to the U.S. Government’s Entity List, restricting their… |
| May 15, 2020 | CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic responseCloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to… |
| Nov 20, 2019 | Universal Beijing to use facial recognition throughout theme park as CloudWalk VP urges privacy balanceBiometric facial recognition will be used throughout the new Universal Beijing theme park under a strategic partnership with Alibaba, Universal… |
| Mar 12, 2019 | CloudWalk re-identification technology extends facial biometric tracking with improved accuracyCloudWalk has developed re-identification technology that can track a person by clothing, hairstyle, and posture, to extend and supplement facial… |
| Oct 9, 2018 | CloudWalk raises over $500 million to support AI and big data technology developmentCloudWalk Technology has raised RMB 1 billion (US$140 million) in a Series B+ financing round to support research related to… |
| Aug 14, 2018 | Global market for facial recognition devices to surpass $7 billion by 2025, led by CloudWalkChina will dominate the global market for facial recognition devices, with a 44.59 percent share by 2023, as CloudWalk leads… |
| May 18, 2018 | Implementation of CloudWalk facial recognition technology in Zimbabwe progressing in stagesDetails are emerging about the recently signed strategic cooperation agreement between CloudWalk Technology Co. and the government of Zimbabwe to… |
| Nov 22, 2017 | AI facial recognition firm CloudWalk Technology raises $75M in Series B fundingChina-based CloudWalk Technology has raised 500 million yuan ($75 million) in Series B funding as it rapidly expands its operations,… |
