ViSenze

ViSenze

ViSenze is an Artificial Intelligence company founded in Singapore, as part of NExT, a joint research centre between the National University of Singapore and Tsinghua University of China.

The company provides commercial computer vision software including Search by Image, Visually Similar Recommendations, Automated Product Tagging, and Visual Commerce Platform.

Technology

ViSenze develops visual search and image processing solutions serving industries including fashion e-commerce, consumer marketplace, jewelry, interior design and intellectual property. The core of Visenze's technology is based on convolutional neural networks, which is a process which enables a computer to learn from data examples and draw its own conclusions, giving applications the ability to predict correct tags for images or videos.

History

ViSenze was founded on August 1, 2012, as a part of the NUS-Tsinghua Extreme Search Centre (TESC). Now NExT++, the research centre has become a joint initiative between the National University of Singapore, Tsinghua University, and the University of Southampton. Funded by the National Research Foundation through the Info-communications Media Development Authority (IMDA), the center hosts more than 50 researchers from the 3 universities.

Timeline

February 2019

ViSenze raises a $20,000,000 series C round from Gobi Partners, Sonae IM, Rakuten and WI Harper Group.

February 2014

ViSenze raises a $3,500,000 series A round from Rakuten Ventures, UOB Venture and Walden International.

Funding rounds

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Catherine Shu
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TechCrunch
ViSenze, a startup that provides visual search tools for online retailers like Rakuten and ASOS, announced today that it has raised a $20 million Series C. The round was co-led by Gobi Ventures and Sonae IM, with participation from other backers including returning investors Rakuten and WI Harper. ...
Mars Woo
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DealStreetAsia
Other participants in the funding round include new investors Tembusu ICT Fund, 31Ventures Global Innovation Fund, and Jonathan Coon's Impossible Ventures.
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