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Follow The Money: 10 Recent Tech VC Investments To Watch In August

By Chad Berndtson CRN
10:00 AM ET Tue. Aug. 14, 2012
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Cortica

HQ: Tel Aviv, Israel
CEO: Igal Raichelgauz
New Funding: $7 million
Round: A
Backers: Horizons Ventures, others

Israeli company Cortica makes image recognition technology for enabling computers to recognize and interpret photo and video content on the Web, from objects and faces to products and corporate logos. The company stated during its early August investment announcement that its commercial team will relocate to the United States, with offices planned for New York and Silicon Valley.

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