Tech Company Financing Transactions
Vicarious Funding Round
On 8/22/2012, Vicarious raised $15 million in Series A funding from Good Ventures, Founders Fund and Open Field Capital.
Transaction Overview
Company Name
Announced On
8/22/2012
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
Ultimately, Phoenix says the technology could be used in almost every industry, including robotics, medical image analysis, and image and video search,. But that's a ways off -- Phoenix and his co-founder Dileep George say they're still deep in research and development, and that the funding will be used to expand those R&D efforts. Developing products that commercialize the technology is still several years off, George says.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
4 Union Sq. C-4
Union City, CA 94587
USA
Union City, CA 94587
USA
Phone
Website
Email Address
Overview
As the first step towards building intelligent machines, we are developing a vision system that understands the contents of images and videos the way humans do.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Phoenix
Chief Technical Officer
Dileep George
VP - Operations
Charlotte Bowell
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