Boulder-based computer vision startup Occipital has raised $7 million in Series A funding, and aims to leverage the investment to develop a next-generation computer vision platform.
Occipital, a TechStars veteran, is most widely known for the hit barcode-scanning app RedLaser, which it sold to eBay last year. Now, the startup’s most notable app is 360 Panorama for 3D panoramic image captures via mobile.
But Occipital has bigger plans. It wants to be the computer vision foundation — just as RedLaser became the backbone of many barcode-scanning apps — powering apps that will help mobile users interact with the physical world around them.
“360 Panorama is just the tip of the iceberg,” says co-founder Jeff Powers. What’s the whole iceberg actually look like?
“The iceberg is what sits underneath 360 Panorama — it’s the beginnings of a sophisticated computer vision platform that aims to fundamentally transform the way we interact with environments,” co-founder Vikas Reddy explains to Mashable. “Think computer vision plus augmented reality and the applications that become possible when your smartphone has a visual understanding of its surroundings.”
This is where third-party developers will come into play. Occipital will be soon be launching a platform that will give enterprising developers a crack at creating new layers on top of the computer vision technology inside 360 Panorama.
“Currently, there are companies that have introduced specific mobile applications that use limited computer-vision techniques,” says Occipital investor and new board member Jason Mendelson. “No one has produced a platform that allows developers to create dynamic content that automatically leverages best-in-class computer vision technology.”
Occipital’s $7 million Series A round was led by Foundry Group. Jason Mendelson and Brad Feld of Foundry Group, Manu Kumar of K9 Ventures and Gary Bradski of Willow Garage will join the startup’s board.
Image courtesy of Flickr, jurvetson
More About: 360 panorama, Augmented Reality, funding, occipital, startupFor more Dev & Design coverage:Follow Mashable Dev & Design on TwitterBecome a Fan on FacebookSubscribe to the Dev & Design channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Wed, 10 Aug 2011 23:47:02 +0000 at http://feeds.mashable.com/~r/Mashable/~3/6ZILRRf67rM/
Comments: http://mashable.com/2011/08/10/occipital-computer-vision/#comments
Occipital, a TechStars veteran, is most widely known for the hit barcode-scanning app RedLaser, which it sold to eBay last year. Now, the startup’s most notable app is 360 Panorama for 3D panoramic image captures via mobile.
But Occipital has bigger plans. It wants to be the computer vision foundation — just as RedLaser became the backbone of many barcode-scanning apps — powering apps that will help mobile users interact with the physical world around them.
“360 Panorama is just the tip of the iceberg,” says co-founder Jeff Powers. What’s the whole iceberg actually look like?
“The iceberg is what sits underneath 360 Panorama — it’s the beginnings of a sophisticated computer vision platform that aims to fundamentally transform the way we interact with environments,” co-founder Vikas Reddy explains to Mashable. “Think computer vision plus augmented reality and the applications that become possible when your smartphone has a visual understanding of its surroundings.”
This is where third-party developers will come into play. Occipital will be soon be launching a platform that will give enterprising developers a crack at creating new layers on top of the computer vision technology inside 360 Panorama.
“Currently, there are companies that have introduced specific mobile applications that use limited computer-vision techniques,” says Occipital investor and new board member Jason Mendelson. “No one has produced a platform that allows developers to create dynamic content that automatically leverages best-in-class computer vision technology.”
Occipital’s $7 million Series A round was led by Foundry Group. Jason Mendelson and Brad Feld of Foundry Group, Manu Kumar of K9 Ventures and Gary Bradski of Willow Garage will join the startup’s board.
Image courtesy of Flickr, jurvetson
More About: 360 panorama, Augmented Reality, funding, occipital, startupFor more Dev & Design coverage:Follow Mashable Dev & Design on TwitterBecome a Fan on FacebookSubscribe to the Dev & Design channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Wed, 10 Aug 2011 23:47:02 +0000 at http://feeds.mashable.com/~r/Mashable/~3/6ZILRRf67rM/
Comments: http://mashable.com/2011/08/10/occipital-computer-vision/#comments