Cortica, a startup developing technology for analyzing in-image content, is announcing that it has raised $6.4 million in Series B funding. The round was led by previous investors Horizons Ventures (the firm which manages investments for Hong Kong business magnate Li Ka-shing), with participation from Russian firm Mail.ru Group and other angel investors. Cortica has now raised a total of $18 million. Founded by neuroscientists Yehoshua (Josh) Zeevi and Karina Odinaev, as well as engineer Igal Raichelgauz (the company’s CEO), Cortica says its Image2Text technology uses a combination of fingerprinting, modeling, and crowdsourcing to identify an image’s core concepts
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Cortica Raises $6.4M To Improve Visual Search And In-Image Ads
