Tech Company Financing Transactions
IQ Engines Funding Round
IQ Engines closed a $3.8 million Series B funding round on 6/28/2012. Backers included Motorola Solutions Venture Capital.
Transaction Overview
Company Name
Announced On
6/28/2012
Transaction Type
Venture Equity
Amount
$3,800,000
Round
Series B
Investors
Motorola Solutions Venture Capital (Tony Palcheck)
Proceeds Purpose
The funds will be used to improve the speed and accuracy of the company's image recognition technology and to build new tools for developers to integrate visual search into their applications.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2501 9th Street 100
Berkeley, CA 94710
USA
Berkeley, CA 94710
USA
Phone
Website
Email Address
Overview
IQ Engines recognizes and labels photos, monetizing images by matching them to relevant retailers and advertisers. Ourimage recognition engine is fast, accurate and scalable. We provide image intelligence service via a defined API interface to retailers and web photo publishers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gerry Pesavento
Chief Financial Officer
Byrren Yates
Chief Scientific Officer
Bruno Olshausen
Chief Technical Officer
David Warland
VP - Bus. Development
Bill Kesselring
VP - Engineering
Jack Culpepper
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