EyeSight raises USD15 million to expand use of computer vision in vehicles
Company expects strong demand for its embedded sensing solutions from automotive and IOT markets
EyeSight Mobile Technologies has raised USD15 million in a new financing round led by Jebsen Capital, Arie Capital and Mizrahi-Tefahot Bank, the Israel-based company said in a press release on 23 October. EyeSight plans to use the funding to further expand its Edge-based computer vision and artificial intelligence (AI) platform for automotive and internet of things (IOT) markets. With the latest funding round, EyeSight has raised a total USD50 million from investors.
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