Cortica

company

About

Cortica is a technology company developing AI capable of learning and reacting on its own. The company is backed by more than 200 patents.

  • 51 - 100

Details

Last Funding Type
Series C
Last Funding Money Raised
$20M
Industries
Artificial Intelligence,Automotive,Autonomous Vehicles,Computer Vision,Machine Learning,Security
Founded date
Jan 1, 2007
Number Of Employee
51 - 100
Operating Status
Active

Cortica is an Israeli company founded in 2007 with leading AI technology for visual perception. Its unique self-learning technology, backed by more than 200 patents, allows Cortica to develop multiple products that can read and understand images on a human level­–thereby significantly exceeding the capabilities of the major tech companies.

Cortica is the first AI company capable of human-level image understanding. Even the most advanced technology has never been able to understand the visual world as well as people do - until now. By leveraging proprietary brain research to create unsupervised AI, Cortica has developed the most effective computer vision system.

This technology, based upon the mammal cortex is utilized to build products impacting many industries. The company’s mission is to lead the emerging AI market with a strong focus on computer vision and establish its "universal visual index of the world" as the global standard­­–enabling machines to read and understand images. Cortica's vision is to embed its capabilities in all next-generation platforms where understanding images is a critical task. This includes autonomous vehicles, smart city applications, security cameras, drones, media, robotics, and medical image analysis. Cortica's headquarters and R&D center are based in Israel employing over 80 leading AI researchers and veterans of elite Israeli military intelligence units.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$27.90M
Cortica has raised a total of $27.90M in funding over 2 rounds. Their latest funding was raised on Mar 10, 2014 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 10, 2014 Series C $20M 3 Detail
Jun 19, 2013 Series B $6.40M 1 Detail
May 29, 2013 Series Unknown $1.50M 1 Mail.Ru Group Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Cortica is funded by 3 investors. BlackPine and Mail.Ru Group are the most recent investors.
Investor Name Lead Investor Funding Round
BlackPine Series C
Mail.Ru Group Series C
Lanta Capital Holdings Series C