KIT Capital Funds Viewdle For Video Facial Recognition Technology
“Viewdle’s unique facial recognition technology is the most reliable and user-friendly video search product I have ever seen. KIT Capital’s investment in Viewdle is in line with our strategic goal of creating a best-in-class ecosystem of IPTV enablement for corporate clients in international markets — where we see higher growth rates for online video. We believe that ROO’s partnership with Viewdle will be a key competitive differentiator for both companies,” stated Isaza Tuzman, CEO of ROO.
Viewdle’s proprietary video facial recognition technology has attracted KIT Capital to provide them with an undisclosed amount of funding. Through the deal, Viewdle will be partnering with ROO. ROO is an online video advertising network. ROO will have access to Viewdle’s technology. According to TechCrunch, Reuters currently uses Viewdle to identify the people in their video archives.
Below is a sample of Viewdle’s technology being used:
Reuters calls the Viewdle-powered feature, Search-in-Video. The URL for the feature is: http://reuters.viewdle.com/searchm.