Photomyne, a Tel Aviv, Israel-based photo scanner app developer with two A.I-based algorithm patents, closed a $5m Series A funding round.
The backers were not disclosed.
The company’s service, which started as a photo scanning utility app for individual use, is turning into an integrated platform serving all family members, regardless of their primary technological device. Ayone using the app can instantly create a family website showcasing the photos they scanned.
To date, the Photo Scanner (available on iOS, Android, and online) has been downloaded by 7M people, 250,000 of which are paying subscribers.
Led by CEO Nir Tzemah, Photomyne leverages Machine Learning/AI technology to to facilitate the way people save, share, and enjoy their life memories and to create a large indexed photo collection of the pre-digital era through its iOS/Android photo scanning app supporting cloud services,
The company has offices in Bnei Brak, Israel where it employs 18 people.