AnyVision announced it has secured an investment of $235 million from SoftBank Vision Fund 2i and Eldridge with further participation from existing investors.
Proceeds from the round will accelerate AnyVision’s product innovation in edge computing and Access Point AI used to optimize touchless access control, video surveillance and watchlist alerting. This same platform will drive operational insights including occupancy analytics, people counting, and dwell times as well as flag potentially dangerous behavior.
“AnyVision’s innovations in Recognition AI helped transform passive cameras into proactive security systems and empowered organizations take a more holistic view to advanced security threats,” said AnyVision’s CEO Avi Golan. “The Access Point AI platform is designed to protect people, places, and privacy while simultaneously reducing costs, power, bandwidth, and operational complexity.”
To increase its market reach, AnyVision has forged strategic relationships with partners in the space including Honeywell, Schneider Electric, Boon Edam, Ambarella, and Nvidia as well as a number of regional system integrators. In terms of technology validation, AnyVision achieved top rankings across all five categories in the 1:1 verification in the Face Recognition Vendor Test conducted by the National Institute of Standards and Technology (NIST).
“The visual recognition market is nascent but has large potential in the Western world,” said Anthony Doeh, partner for SoftBank Investment Advisers. “We have witnessed the transformative power of AI, biometrics and edge computing in other categories, and believe AnyVision is uniquely placed to redefine physical environment analytics across numerous industries.”
With this new funding, AnyVision will integrate SDKs and software onto edge-devices (e.g., smart cameras, bodycams, and even chips) to deliver superior video analytics in terms of speed, security, affordability, flexibility and versatility. Additionally, the company will use the funding to expand into new markets and fuel its channel program. AnyVision’s biometric technologies currently serve blue-chip organizations across financial services, gaming, stadiums, education, critical infrastructure, healthcare and manufacturing/distribution verticals.
To learn more about AnyVision and its AI-powered biometric solutions, visit anyvision.co.