Eyesight Raises $15M in Growth Funding

Eyesight LogoEyesight, a Herzeliya, Israel-based computer vision company which brings Edge-based Computer Vision and AI solutions to the automotive and IoT markets, raised $15m in growth funding. 

The round was led by Jebsen Capital, Arie Capital, Mizrahi Tefahot, among other investors.

The company inntends to use the funds to further expand its Edge Computer Vision and AI footprints.

Eyesight offers edge-based Computer Vision and AI solutions based on technology that utilizes proprietary algorithms to deliver a range of applications: from passive sensing with the detection user presence, to active interactions using touch-free gesture control to improve daily life experiences in the car, home, and with other consumer electronics.
The company’s Driver Monitoring and Occupancy Monitoring System tracks the driver’s attention on the road and behaviour in the cabin to reduce the millions of car accidents that occur annually.
The solution monitors the driver’s gaze direction, pupil dilation, eye openness and head position, among other visual attributes, to enable alerts when signs of drowsiness or distraction are detected. Eyesight’s technology further detects cabin occupancy to enable real-time optimization of safety systems according to passengers present, helping reduce possible injuries and keep passengers safe.

Eyesight’s proprietary technology is backed by over 23 granted patents.

FinSMEs

23/10/2018

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