Viewdle, a San Jose, California-based developer of consumer-focused facial recognition technology, recently raised $10m in Series B funding.
Investors include Best Buy, BlackBerry Partners Fund, Qualcomm and Series A backer Anthem Venture Partners. In conjunction with the investment, Best Buy Capital’s Kuk Yi and John Albright from BlackBerry Partners Fund will join Viewdle’s board of directors.
This new capital will be used to launch new consumer products over the coming months.
Viewdle has developed a technology capable of real-time, cross-platform visual analysis at the point of capture. Its patented facial recognition system automatically identifies faces in videos and photos across mobile phones, computers and in the cloud. According to the company, it is the result of more than fifteen years of research (initially at the Cybernetics Institute in Kiev, Ukraine), and three years of commercial productization. Viewdle was founded in 2007.
FinSMEs
28/10/2010