Valossa provides advanced products for AI-based visual content search and recognition. It recently released its first commercial product, Valossa AI, a cloud service and comprehensive AI video recognition platform that watches videos and produces detailed descriptions for every second. The core recognition engine is available on-premise, via API and as a SaaS platform and detects and identifies people, visual and audio context, spoken topics, themed video categories, and explicit content from large volumes of video data. The company is completing several pilots and trials with corporations and enterprises that own and use volumes of video in their businesses, including several Fortune Global 500 companies. Valossa completed a $2M funding round and intends to use the capital to expand its product team and its global sales and marketing efforts. Leadership includes co-founder and CEO Mika Rautiainen, with new board appointees tied to the round. Valossa provides Valossa Search, an AI- and voice-powered deep-content video search platform that enables natural, verbose and flexible querying for voice-controlled movie services and entertainment platforms. The technology uses natural language processing and pattern-recognition AI to analyze video streams in real time and identify more than one thousand concepts (for example, places and objects). Use cases cited include automated scene descriptive metadata creation for content production, real-time video content discovery applications and contextual advertising. The server-side, cross-platform solution runs on Mac OS, Windows and Linux and integrates with leading voice platform vendors such as Amazon, Apple, Google and Microsoft, offering functionality comparable to Apple TV OS. Valossa is based in Oulu, Finland. The company announced it raised $650K in seed funding, with backers including Butterfly Ventures.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2017