AI-powered video analytics firm Wobot hoists $2.5 mn from Sequoia

Aug 06, 2020 | AS Team

AI-powered video analytics firm Wobot hoists $2.5 mn from Sequoia title banner

The Artificial Intelligence-powered video analytics platform, Wobot Intelligence, has hoisted $2.5 million in pre-series A rounded headed by Sequoia India, as reported by the Economic Times. The startup’s tool connects with any present CCTV (closed-circuit TV) or different types of cameras and aids in recognizing and staying updated on peculiarities in an association's standard operating procedures (SOPs). The tool facilitates video analytics for SOPs which incorporates cleanliness, wellbeing, efficiency, and consumer experience to clients across enterprises. 

 

Wobot plans to utilize the investment for worldwide expansion and to fortify its platform. The funding will also enable the organization to make some major leader appointments, extend sales and marketing approaches as well as enhance product development. 

 

As stated by Adit Chhabra, the CEO and co-founder of Wobot, the firm’s vision has consistently been to inculcate a straightforward and consistent working environment with 100 percent operation compliance where the camera goes about as a third eye and gives ceaseless input to the working employees. He also added that this implies that both detecting any infringement as well as extending a congratulatory gesture for following the correct SOPs and holding fast to compliances.


CCTVs are generally normal in places like factories, cafés, work environments, and various segments yet are often checked insufficiently by people in a large control room with numerous screens. The tremendous measure of this information gets unused and doesn't give any significant knowledge. Wobot settles this issue through more intelligent video analytics approaches that adopt deep learning to accomplish more profitable and mechanized assessments. These approaches can be customized and executed across enterprises, for example, manufacturing, hospitality, pharma, and retail among others. Wobot has finished more than 10,000 establishments for customers including CultFit, Rebel Foods, and Max Estates and Housing.

Tags #Business Analytics
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