{"id":9271,"date":"2017-09-18T19:06:03","date_gmt":"2017-09-18T19:06:03","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/matroid-picks-up-10m-series-a-to-automate-video-stream-monitoring.html"},"modified":"2017-09-18T19:06:03","modified_gmt":"2017-09-18T19:06:03","slug":"matroid-picks-up-10m-series-a-to-automate-video-stream-monitoring","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/matroid-picks-up-10m-series-a-to-automate-video-stream-monitoring.html","title":{"rendered":"Matroid picks up $10M Series A to automate video stream monitoring"},"content":{"rendered":"


\n<\/p>\n

As computer vision and object recognition technology continue to mature, we\u2019re edging closer to automating away the exceedingly boring task of monitoring closed circuit TV cameras. Matroid<\/a> is one of the startups leading the democratization of this variety of machine intelligence. The company is announcing a $10 million Series A this morning from NEA<\/a> and Intel Capital<\/a> that brings Matroid\u2019s total financing to $13.5 million.<\/p>\n

We first wrote about Matroid\u2019s web platform for building custom video recognition detectors back in May<\/a>. Customers can use their own videos and images to train detectors to recognize anything they want within videos or streams. This is a far more democratized approach than more traditional object recognition APIs.<\/p>\n

In terms of commercialization, founder Reza Zadeh is focusing on the security and media markets for now. Fortune 500 companies will pay to monitor when their brands and key executives are featured on TV channels (check out Face-O-Matic for a political example of this<\/a>). Meanwhile, other businesses will pay for a system to play the role of CCTV monitor, observing camera footage for long periods of time and flagging abnormalities for reference.<\/p>\n

In addition to today\u2019s financing, Matroid is announcing that it is working with Intel to assist them with executing computer vision tasks on their chips.\u00a0Instead of building its own computer vision-enabled hardware, Matroid is building inroads inside the hardware ecosystem to implement its technology.\u00a0Zadeh defends this move by asserting that building hardware is effectively a race to the bottom.<\/p>\n

\u201cEventually all cameras will have some ability to understand what they\u2019re looking at,\u201d\u00a0Zadeh explained to me in an interview.<\/p>\n

This makes a lot of sense \u2014 it\u2019s tough to do all of the real time analysis necessary in the cloud and edge computing is having something of a renaissance. So to start, Intel is acting as a customer of Matroid as well as a strategic investor assisting with go-to-market.<\/p>\n

Zadeh is leveraging his connections as a Stanford professor to build a community around Matroid. His Scaled Machine Learning conference<\/a> brought together researchers from Google, Intel, NVIDIA and OpenAI, among other companies and institutions. These experts are helping to support the creation of new and shareable detectors on Matroid.<\/p>\n

<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/8oWPeHnOLgw\/<\/p>","protected":false},"excerpt":{"rendered":"

As computer vision and object recognition technology continue to mature, we\u2019re edging closer to automating away the exceedingly boring task of monitoring closed circuit TV cameras. Matroid is one of <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-9271","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t