14 May '15, 1pm

The face recognition startup that Jack Ma wants to use for #selfie payments just got $25M in funding

The face recognition startup that Jack Ma wants to use for #selfie payments just got $25M in funding

The face recognition startup that Jack Ma wants to use for selfie payments just got $25M in funding May 14, 2015 Face++ , a face recognition tech startup from Beijing, today announced it raised an additional US million as part of its series B round that began in November last year (h/t to 36kr ). The fresh funding brings the company’s series B to a total of US million. Innovation Works and Ignition Partners contributed to the initial funding, while the more recent investors have not yet been disclosed. Face++ makes a cloud-based API and an SDK so developers can incorporate face recognition into their own apps. The startup tells Tech in Asia it has over 30,000 developers using its technology. When Tech in Asia first spoke to the company in November 2013, it already claimed to be the most popular such technology in China, used by over 10,000 developers and several large firm...

Full article: http://svca.org.sg/the-face-recognition-startup-that-jack...

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