Cortexica Visual Systems Raises $3.45M in Funding

cortexicaCortexica Visual Systems Ltd, a London, UK-based visual search business, raised USD$3.45m in funding.

Imperial Innovations Group Plc made the investment.

The company intends to use the funds to complete the development of new products, due for release mid-year, and expand in Asia.

Led by CEO Iain McCready, and Chairman David Soskin, Cortexica provides cloud-based advanced visual search and image recognition software to global retailers, brands, app developers and digital publishers. Its findSimilar™ software can be integrated by retailers to give their customers the ability to take a picture of an item of clothing or fashion accessory with a mobile device and automatically find similar items from a database of inventory.

The company also has offices in New York and San Francisco.

FinSMEs

18/03/2015

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