Israeli startup D-ID has raised over USD 13.5 million as part of its Round A fundraising.
The funding round was led by AXA Venture Partners, and other investors such as Pitango Venture Capital, Y-Combinator, AI Alliance, Hyundai Motor Company, OMRON Ventures, Maverick Ventures (US), Mindset Ventures, and Redds Capital.
D-ID plans to direct the funds to grow its sales and marketing activities, as well as continue to invest in R&D. The startup provides privacy solutions to enterprises who record or photograph individuals. Their proprietary software removes key biometric data from pictures and videos while preserving key attributes such as age, gender, and emotion.
D-ID employs experts in the fields of deep learning and computer vision. D-ID’s IP-protected solutions are being implemented in fortune 500 companies and institutions worldwide, according to the official press release.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now