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Facial Recognition Start-Up Cortica Raises $7 Million

Published on August 2, 2012
by Mike Isaac

Israeli-based facial-recognition technology start-up Cortica announced on Thursday a $7 million round of venture funding, backed by Hong Kong billionaire Li Ka-Shing’s Horizons Ventures and former Endemol Group CEO Ynon Kreiz. Cortica had previously raised $4 million in angel funding. The company’s commercial team will move from Israel to Manhattan, and will also open an office in Silicon Valley.

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URL: http://allthingsd.com/20120802/facial-recognition-start-up-cortica-raises-7-million/