Kibsi, an Irvine, California-based platform that aims to revolutionize computer vision applications, has announced its launch and secured a total of $9.3 million in pre-seed and seed funding.
Several prominent investors participated in the fundraising, including GTMfund, NTTVC, Preface Ventures, Ridge Ventures, Secure Octane, and Wipro Ventures.
The funding will be used to support the company's ongoing product development and facilitate its expansion.
Kibsi provides businesses with an intuitive, low-code, drag-and-drop environment, enabling them to easily incorporate artificial intelligence and computer vision capabilities into their existing cameras. The platform has already attracted notable companies like Owens Corning, Whisker, and Woodland Park Zoo as early customers.
In addition to its customer partnerships, Kibsi has formed a strategic alliance with Amazon Web Services (AWS). As part of this collaboration, Kibsi has joined the AWS ISV Accelerate Program, highlighting their shared commitment to delivering exceptional outcomes for mutual customers. Furthermore, Kibsi has made its platform available in the AWS Marketplace, simplifying the purchasing and integration process for businesses.
“We’re on a mission to disrupt how customers deploy vision-based AI,” said Tolga Tarhan, Founder and CEO of Kibsi. "Analysts expect computer vision to create trillions of dollars of business value globally, but that value is locked behind complex technology and difficult integrations. Kibsi makes it incredibly easy for every business to harness the power of AI-based insights to transform their operations, drive efficiency, and unlock new opportunities for growth.”
Company: Kibsi, Inc.
Raised: $9.3M
Round: Pre-Seed and Seed Round
Funding Month: June 2023
Lead Investors:
Additional Investors: GTMfund, NTTVC, Preface Ventures, Ridge Ventures, Secure Octane, and Wipro Ventures
Company Website: https://kibsi.com/
Software Category: Computer Vision Platform
About the Company: Founded by Amirk Kashani, Amanda McQueen, and Tolga Tarhan, Kibsi is a no-code computer vision platform to build and launch video AI solutions. The company’s AI platform enables customers to seamlessly build and deploy computer vision applications in an intuitive, low-code, drag-and-drop environment. The platform analyzes and processes live video streams from any camera, converting visual data into actionable data through AI-based insights.
Source: https://www.businesswire.com/news/home/20230622514376/en/Kibsi-Launches-AI-Platform-to-Help-Customers-Gain-Business-Insights-from-Cameras-After-Securing-9.3-Million-in-Funding