Bengaluru, NFAPost: US based Eagle Eye Networks, which deals with Cloud video surveillance announced the acquisition of artificial intelligence leader Uncanny Vision, providing AI and analytics to make customers’ businesses more effective including research and development potential and a new regional office in Bangalore, India.
Bengaluru-based startup Uncanny Vision helps in recognition, identification, and prediction, improving business operations, customer service and site safety with its deep learning algorithms. Its services are used in multiple applications, including Smart parking, Retail analytics, Gate security, Toll automation, Smart cities, ATM monitoring, Worker safety, Perimeter security.
All 60 Uncanny Vision employees will continue to work in the company under Eagle Eye. In addition, Uncanny Vision co-founders, Ranjith Parakkal and Navaneethan Sundaramoorthy, have joined the Eagle Eye leadership team.
Eagle Eye pledges to support Uncanny Vision’s customers and will continue to build its global infrastructure to provide the very best 24/7 support to its valued customers around the world.
Commenting on the development, Eagle Eye Networks CEO Dean Drako said after evaluating more than a dozen AI companies, the firm began working with Uncanny Vision in 2020.
“It didn’t take long for us to conclude that Uncanny Vision is the clear leader in surveillance AI. Their award-winning AI technology is deployed across thousands of locations, including Fortune 500 customers,” said Dean Drako.
Referring to the development, Uncanny Vision CEO Ranjit Parakkal said the company share the Eagle Eye team’s vision to deliver advanced, cyber-secure AI cloud video surveillance offerings that transform video surveillance for businesses around the globe.