Monday, 27 September 2010 13:58
Facial Recognition Tech Startup Face.com Raises $4.3M From Yandex And Others
Yandex, operator of Russia’s largest search engine, has invested in Tel-Aviv based facial recognition technology startup Face.com, marking its first investment in an Israeli company. In total, Face.com has raised $4.3 million in Series B funding in a round led by previous investor Rhodium.
The news was first reported by TheMarker (in Hebrew) but we’ve confirmed the news with a Yandex representative, who declined to say how much it is investing in the startup.
Face.com, founded in 2007, has developed a number of face recognition apps for Facebook (PhotoTagger and Photo Finder; the latter is currently in private alpha mode).
Last May, the company said its technology had helped users scan over 7 billion photos, and moved to launch a developer community and open API, providing third-party devs access to their core facial recognition technology.
CrunchBase InformationFace.comYandexRhodiumInformation provided by CrunchBase
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7Authors: Robin Wauters
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