Computer Vision Company Chooch AI Closes $20 Million Series A Round with Vickers Venture Partners, 212, and Streamlined Ventures
SAN FRANCISCO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- chooch.ai, a computer vision AI platform, today announced their Series A round led by venture capital firm Vickers Venture Partners with additional institutional funding from 212, Streamlined Ventures, Alumni Ventures Group, Waterman Ventures and others. Chooch replicates human visual tasks and processes using a complete computer vision deployment process across a wide variety of industries. The proprietary technology has been deployed at scale for enterprise applications including geospatial, healthcare, security, media, industrial and retail. Clients include Fortune 500 companies and the US Government. This series A Growth round will serve to build out the strategic engineering team, top data scientists, and the creation of a global sales force.
Chooch AI is a member of the NVIDIA Inception and Metropolis programs and can be mass deployed on GPU-powered edge devices and PCs. Chooch AI allows remote management of AI models, devices and video streams from the Chooch AI dashboard in the cloud.
“AI startups and established players in artificial intelligence often focus on vertical applications. Chooch has a bigger vision, a horizontal AI platform that provides flexible solutions for the common demands of many companies, regardless of industry,” commented Vickers Venture Partners Chairman Dr. Finian Tan.
“Speed, accuracy and flexibility distinguish Chooch Al ultra-low latency application from all other computer vision technologies in the market today, which makes it a cutting edge investment for us. Breakthroughs and market growth numbers at Chooch AI are staggering,” commented Numan Numan, Founding Partner of 212.
“The Chooch AI platform provides extreme elasticity so that new machine learning models can be trained and deployed based on new business requirements within hours. This provides a massive competitive advantage to companies who integrate Chooch AI into their processes,” says Ullas Naik of Streamlined Ventures.
Unlike single-purpose computer vision systems, Chooch Al can rapidly ingest and process visual data from any spectrum, generating AI models in hours that can detect objects, actions, rocesses, coordinates, states, and more. Organizations then have the choice to deploy the Al models in the cloud or onto edge devices in minutes.
The team at Chooch Al takes the client through the entire visual AI deployment process, providing critical services and solutions all on one platform.
For more detailed information, please visit chooch.ai.
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