Flayvr, a Tel Aviv, Israel-based creator of technology to organize digital photos and videos and create new sharing experiences around life events, raised $2m in new funding.
The round was led by Kaedan Capital, former Microsoft Corporate Vice President Moshe Lichtman (who joined the Flayvr board as part of the investment), Aviv Venture Capital, iAngels, former Microsoft Vice President of Strategy and Partnership Hank Vigil, Fritz Lanman, Adler Chomski and angel investors Rafi Gidron, Zohar Gilon, Yariv Gilat, and Partam Hightech.
The company intends to use the funds to double the team, expand operations in the United States, and to improve and extend the platform, which currently includes mobile gallery replacement apps for iOS and Android.
Led by Ron Levy, CEO, and Adi Ashkenazi, CTO, Flayvr has developed proprietary technology around big data media analytics, analyzing large amounts of contextual data around social, behavioral, user-generated, geolocation, computer-vision and time-based signals to improve photo and video organization, as well as to create new contextual viewing and sharing experiences based on collected memories rather than individual photos.
FinSMEs
09/04/2014