Drishti Technologies, Inc., a Mountain View, Calif.-based provider of AI-powered video analytics technology that gives visibility and insights for manual assembly line improvement, raised $25M in Series B financing.
The round was led by Sozo Ventures, with participation from Alpha Intelligence Capital, Toyota AI Ventures, Micron Ventures, Presidio Ventures, HELLA Ventures, as well as current investors Emergence Capital, Benhamou Global Ventures and Andreessen Horowitz. In conjunction with the funding, Uday Sandhu from Alpha Intelligence Capital joined Drishti’s board of directors.
The company intends to use the funds to accelerate expansion into plants across North America and around the globe, including Japan. Discrete manufacturers such as DENSO, Flex, Ford, Nissan and others are currently working with Drishti.
Led by Prasad Akella, founder and CEO, Drishti provides AI-powered video analytics technology that gives visibility and insights for manual assembly line improvement, Its training function uses AI, video and best practices reinforcement to train new employees, cross-train existing employees and identify what it considers “brilliant outliers”: creative line associates who excel in certain roles or develop new ways to improve standardized work.