Facial Recognition Startup Suspect Technologies Raises $810K
Summary
“We have an agency early adopter, his conception is he’s going to have 10 facial recognition cameras in town: one in the police station lobby, some at the Greyhound bus locations, city hall, even the public pool area,” Sniff says.Microsoft (NASDAQ: MSFT ) president and chief legal officer Brad Smith said in a blog post last week that governments need to start regulating facial recognition.A New York University research center, the AI Now Institute, said in an annual report this week that facial recognition technologies “need stringent regulation to protect the public interest.”Suspect Technologies’ next-generation product will let police detectives investigating a crime quickly convert file types from the mess of varied video codes that each surveillance camera manufacturer records in.Competitors like Encino, CA-based FaceFirst and Israeli company Face Six have also targeted the law enforcement market, with some also expanding to retail, university, and hospital settings for their facial recognition systems.