HQ: Tel Aviv, Israel
CEO: Igal Raichelgauz
New Funding: $7 million
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.