Gorilla Technology Announces $15 Million Series D Funding from SBI Group

Funding Rounds

▤ Summary

TAIPEI, Taiwan--( BUSINESS WIRE )-- Gorilla Technology Group , an Edge AI and computer vision solutions provider, has secured $15 million in D-round funding from SBI Investment, a subsidiary of the SBI Group , which is Japan’s leading financial services company and is also a global leader in making active investments in Fintech, AI and Blockchain.This new round of funding comes ahead of Gorilla Technology’s announced participation at the upcoming Consumer Electronics Show (CES) conference in Las Vegas.“Financial companies worldwide have started tapping on the video analytics and facial recognition door as cybersecurity threats continue to grow and expand in 2019.We are committed to creating new avenues of success and security for the FinTech markets, and we strongly believe the next natural step is to expand Edge AI, computer vision and Data as a Service,” said Dr. Spincer Koh, CEO of Gorilla Technology.Gorilla will continue to deepen their relationships with SBI Group, Intel and other partners to bring Edge AI and computer vision to the next level in system integration.

$ Funding

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Amount $15.0M Total raised
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Date December 19, 2018 Announcement date
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Investors - Lead investors
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Company http://www.gorilla-technology.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
Business Intelligence

◇ AskAI Classifications

Labels
AI Software Video Analytics Software Cybersecurity Software

▦ Linked Companies