Tech Company Financing Transactions
Microblink Funding Round
Silversmith Capital Partners and private investors participated in a $60 million capital raise for Microblink. The round was announced on 12/17/2020.
Transaction Overview
Company Name
Announced On
12/17/2020
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Silversmith Capital Partners (Lead Investor) (Sri Rao)
Proceeds Purpose
The partnership with Silversmith will enable accelerated growth in key business areas including product development, go-to-market and team expansion.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
85 Broad St. 29th Floor
New York, NY 10004
USA
New York, NY 10004
USA
Phone
Undisclosed
Website
Email Address
Overview
Microblink is an R&D company developing proprietary computer vision technology optimized for realtime processing on mobile devices. Advanced neural networks and deep learning techniques are used to process the fastest and the most accurate text recognition locally on a mobile device.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Darren Bassman
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