PRESS RELEASE 2024.02.29

TIGEREYE, a computer vision platformer, raises ¥103.25 million in funding to solve social issues.


summary

As a pioneer in AI-driven computer vision technology, TIGEREYE Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Gaku Kamimura; hereafter "TIGEREYE") is dedicated to providing consistently cutting-edge services and promoting the solution of societal challenges. Today, TIGEREYE has raised a total of 132.5 million yen through a third-party allotment capital increase, involving investors and management as underwriters, bringing its total capital to 412.5 million yen.

TIGEREYE, a computer vision platformer, raises ¥103.25 million in funding to solve social issues.

With the funds raised today, TIGEREYE will secure talented individuals for the further development of its core 'TIGEREYE COMPUTER VISION FRAMEWORK, ' drive the 'TIGEREYE SECURITY SOLUTION' which offers optimal security for various scenarios by combining multiple security elements, and promote public relations and marketing activities including the sales promotion of its Face recognition AI product line, 'KAOPASS Family.' Additionally, TIGEREYE plans to launch 'ONEFACE,' a service that enables individuals to authenticate themselves using biometric information without needing physical ID cards, passwords, or devices like smartphones, allocating development and operational costs for this purpose.

passwords, or devices like smartphones, allocating development and operational costs for this purpose.

TIGEREYE is

TIGEREYE is

TIGEREYE aims to leverage cloud computer vision technology accessible in real-time through browsers, centered around Face recognition, to provide services including biometric authentication platforms, and tracking and prediction of personal attributes, objects, and actions. These efforts are intended to facilitate the creation of smart cities and address societal issues such as population decline, income disparity, energy problems, mass consumption, and labor shortages through the deployment of robots and surveillance cameras.

About TIGEREYE COMPUTER VISION FRAMEWORK

About TIGEREYE COMPUTER VISION FRAMEWORK

This is a multimodal AI platform that operates in the cloud in real-time, accessible through browsers. It activates multiple AIs that recognize faces, humans, objects, and actions, optimizing actions based on the situation to achieve fast and advanced authentication.

About TIGEREYE SOLUTION

About TIGEREYE SOLUTION

A revolutionary vision in computer vision that challenges conventional wisdom. This solution allows for real-time authentication directly through browsers without the need for dedicated authentication devices or hardware, and eliminates the need for smartphone app development as it operates on a cloud-based platform. This new biometric authentication solution enables cost reduction and enhanced operational efficiency for businesses. It encompasses a wide range of features including attendance management, access control, and two-factor authentication.

About TIGEREYE SECURITY SOLUTION

The TIGEREYE SECURITY SOLUTION combines multiple security elements in real-time and scores authentication results numerically, enabling optimal security tailored to specific usage scenarios. For example, it includes anti-spoofing technology that prevents fraudulent activities using photos or videos. This combination of security elements enhances recognition rates beyond those of standard AI, which can be influenced by distance, lighting, or angles, without compromising user convenience and is customizable to meet security needs across various industries and environments.

About KAOPASS Family

The KAOPASS Family, utilizing the 'TIGEREYE COMPUTER VISION FRAMEWORK,' allows device-independent access anytime, anywhere with just a camera function and browser. One of its products, 'KAOPASS Attendance,' enables clocking in and out via Face recognition, eliminating the need for time cards and ensuring that only the actual person can register their attendance. The KAOPASS Family offers solutions that make daily life more comfortable.

The resources secured through this funding will be used to accelerate the development of new applications and services, including KAOPASS systems, personal authentication, health management, and smart retail. Through these new services, TIGEREYE will support the digital transformation of society, enhance the quality of life, contribute to the realization of a safe and secure society using authentication technologies, and support the achievement of Sustainable Development Goals (SDGs).


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