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Megvii

Website: megvii.com

Megvii Technology Limited operates a face detection, recognition, and analysis platform for Websites, mobile applications, and smart televisions. It offers an online API; offline SDKs to enterprise partners with license charge; and customized cloud services for enterprise partners with service charges. The company offers face detection/tracking, facial point detection, smile analysis, gender/age/race analysis, face verification, face recognition, and large-scale face search solutions. Megvii Research USA is the first North America branch of Megvii / Face++.

Megvii Biometrics News

 

Mix of politics in U.S and UK with investment in biometrics draws concern and criticism

A pair of biometrics companies are receiving attention for the political connections of investors. Two investors who run private equity…

May 8, 2019

Megvii raises $750M to expand facial biometrics business ahead of reported Hong Kong IPO

Megvii has raised $750 million, giving the Face++ biometric facial recognition-maker a valuation of just over $4 billion ahead of…

May 2, 2019

Megvii accused of providing facial biometrics for repressive Chinese surveillance system

Human Rights Watch has identified Megvii’s Face++ as a supplier of biometric facial recognition technology for a mobile app used…

Mar 20, 2019

Chinese facial recognition unicorn Megvii reportedly considering IPO on New York Stock Exchange

Megvii is considering its options for an initial public offering which could bring in up to $800 million to support…

Feb 18, 2019

Face biometrics startups lead AI sector in attracting major investment

Facial recognition companies are leaders among the ranks of artificial intelligence startups attracting major investments, with SenseTime totaling $1.63 billion…

Jan 28, 2019

Megvii moves into logistics with AI-powered IoT platform

Megvii has launched an IoT platform powered by artificial intelligence to enable the operation of multiple robotic systems at the…

Jan 14, 2019

IPO and $2B funding round could be coming for Chinese AI biometrics unicorns

Megvii is considering making an initial public offering on the Hong Kong stock exchange to raise up to $1 billion…

Jan 10, 2019

Megvii demos facial biometrics for Android devices at CES debut

Megvii is demonstrating its AI Face Unlocking technology for secure mobile device unlocking and payments with facial biometrics in its…

Jan 7, 2019

Face++ and ams partner for 3D facial recognition solutions

High-performance sensor solution company ams and Megvii’s Face++ have formed a co-operative partnership to accelerate the deployment of face recognition…

Dec 10, 2018

Facial recognition competition heating up as Megvii reported in talks with Alibaba to raise $500M

Megvii is seeking at least $500 million in new funding, and is in talks with Alibaba Group Holding Ltd. and…

Sep 5, 2018

Megvii partners with smartphone component makers to bring facial biometric payments to Android devices

Semiconductor companies Himax Technologies and MediaTek Inc. have partnered with Megvii to offer an Active Stereo Camera (ASC) 3D sensing…

Aug 28, 2018

Chinese startups take lion’s share as venture capital investment in AI grows 150 percent

Chinese AI startups overtook their U.S. counterparts in new venture capital funding in 2017, raising nearly $5 billion according to…

Jul 23, 2018

Facial recognition unicorns SenseTime and Megvii raising combined $1.6B

Investment capital continues to pour into Chinese facial recognition firms, as Bloomberg reports that SenseTime could receive nearly $1 billion…

Jul 8, 2018

Megvii and Vivo unveil new 3D facial recognition applications at Mobile World Congress Shanghai

Megvii and Vivo have jointly launched a series of 3D facial recognition applications based on a depth-sensing camera, including 3D…

Jul 5, 2018

Megvii algorithms power 3D facial recognition in new OPPO smartphone

Megvii is providing facial recognition for fast unlocking and secure payments with the new Find X smartphone from OPPO, which…

Jul 3, 2018

MIT Technology Review honors Megvii founder

Megvii founder Yin Qi has been named to the MIT Technology Review Innovators Under 35 2018 list in the Entrepreneurs…

Jun 28, 2018

YITU takes top spot on NIST Facial Recognition Vendor Test leaderboard

YITU Technology has taken first place on the NIST facial recognition testing leaderboard for the second year in a row,…

Jun 26, 2018

Megvii expanding facial recognition technology market reach into Southeast Asia

Beijing-based facial recognition startup Megvii has appointed a distributor in Thailand and is negotiating with commercial banks and building management…

Nov 7, 2017

Face++ appoints Andrew Yao as academic committee principal advisor

Chinese facial recognition startup Face++ has announced that it has appointed Andrew Chi-Chih Yao, the first Chinese recipient of the…

Nov 1, 2017

Facial recognition firm Megvii raises $460m

Chinese facial recognition startup Megvii, the developer of Face++ facial recognition software, has raised $460 million in its latest financing…

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