Oosto Closes $74 Million Series A with New Participation from M12 and DFJ Growth

Computer Vision Startup Now Has Backing of Leading Camera, Chip, and Cloud Providers

AnyVision, a leading computer vision company specializing in face, body, and object-recognition software, today announced the close of its $74 million Series A financing round. New investment comes from M12, Microsoft’s venture fund, DFJ Growth and OG Technology Partners. As part of the Series A, AnyVision previously announced investment from LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures, and Eldridge Industries.

AnyVision, founded in 2015, is a leading computer vision company specializing in face, body, and object-recognition software. AnyVision develops core software solutions that make all cameras smart. These solutions are agnostic to all cameras, computing frameworks, and use-cases

“There are very few times in business when you have the opportunity to build an entirely new industry alongside leading ecosystem players,” says Eylon Etshtein, AnyVision’s CEO and Co-founder.
We are fortunate to have the backing of chipmakers like Qualcomm, camera manufacturers such as Bosch, and now cloud service providers like Microsoft through M12’s investment. We have the optimal combination of industrial validation and financial horsepower to become the leader in this industry.

“Our mission at DFJ Growth is to back disruptive innovators addressing large, emerging market opportunities. We believe AnyVision has clearly separated itself as a leader in the high-growth market for computer vision, supported by glowing customers reviews praising how AnyVision’s products are improving safety and customer experience,” said Sam Fort, Partner at DFJ Growth.

We have also been impressed with AnyVision’s leadership in driving privacy and ethics standards for the use of recognition technology. We look forward to working with AnyVision to help them accelerate their rapid growth.

AnyVision currently develops technology for security and surveillance, mobile authentication, access control, and real-world analytics. These core solutions are being utilized today across various industries including banks, stadiums, casinos and retail to improve safety, realize cost savings, and increase customer satisfaction. The new funding will be used to continue growing the company’s existing geographies and industry verticals