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TrueFace

trueface.ai

Founded Year

2013

Stage

Acquired | Acquired

Total Raised

$6.18M

About TrueFace

Trueface develops a facial recognition platform to make immediate decisions based on identified patterns. Its platform applies computer vision technology to camera footage and images. The company was founded in 2013 and is based in Los Angeles, California. In June 2021, TrueFace was acquired by Pangiam. The terms of the transaction were not disclosed.

Headquarters Location

4470 West Sunset Boulevard Suite 107

Los Angeles, California, 90027,

United States

628-400-9108

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Expert Collections containing TrueFace

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

TrueFace is included in 4 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

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Smart Cities

3,367 items

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Artificial Intelligence

9,442 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

S

Smart Home & Consumer Electronics

1,233 items

This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.

Latest TrueFace News

GigNet to Bring Advanced Biometrics to Puerto Cancun

Jan 11, 2023

GigNet will partner with Pangiam, utilizing their Trueface product, to bring advanced biometrics to the Puerto Cancun development in Cancun, Mexico. GigNet, a Digital Infrastructure company with an extensive regional fiber optic broadband network from Costa Mujeres, North of Cancun, through the Hotel Zone of Tulum, announced a unique multiparty agreement to bring advanced biometrics to the Puerto Cancun development in Cancun, Mexico. GigNet, which has invested substantial resources in fiber-optic infrastructure in and around Puerto Cancun, will partner with Pangiam, utilizing their Trueface product, one of the leading facial recognition solutions in the world. Puerto Cancun is one of the newest and fastest growing developments in the Cancun region, with a modern marina, destination shopping mall, hotels, office complexes, and an estimated 2,400 residential units including luxury towers and homes. Pangiam’s Trueface has built a strong reputation as a recognized global leader and is ranked as the #1 fastest software in the world in the National Institute of Standards and Technology (NIST) benchmark. Pangiam will be deploying an advanced facial recognition solution for access control to bolster security at the development. Shaun Moore, Chief AI Officer of Pangiam, stated, “Pangiam is excited to strengthen our relationship with GigNet and to provide Puerto Cancun with cutting edge technology to seamlessly enhance safety and security for the residents and visitors entering the development.” Omar Sánchez Rodríguez, Resident Manager (Administrador Residente) of Puerto Cancún, stated, “Puerto Cancun, with the vision of being the best Condominium in Mexico, has a continuous development plan for the Community including Sustainable Mobility and Security. Among the actions and investments arranged for the continuous improvement of security is the use of Pangiam’s Trueface product. We are pioneers in the implementation of technologies like this with the aim of adding to the security of visitors and owners.” Mark Carney, OBE and President of GigNet Mexico, stated, “This agreement is important for all the parties, but just as important, it is groundbreaking for the region. Our long-term strategy is to build on our investment in new fiber-optic network infrastructure throughout the region – which makes possible advanced services we are bringing to market in 2023. We have partnered with the Puerto Cancun developers over the past three years to install fiber-optics for our hospitality, enterprise, and fiber-to-the-home clients in the development. Advanced biometrics, which relies on reliable, high-speed connectivity, will enhance security for residents and visitors, as well as facilitate efficient access controls and other features that make Puerto Cancun one of the most desirable Smart Developments in all of Mexico. Commitment to enhanced security is a key reason the Cancun region continues to break records for visitors. We will seek to expand our relationship with Pangiam to additional developments in the Cancun region.” Jan 10

TrueFace Frequently Asked Questions (FAQ)

  • When was TrueFace founded?

    TrueFace was founded in 2013.

  • Where is TrueFace's headquarters?

    TrueFace's headquarters is located at 4470 West Sunset Boulevard, Los Angeles.

  • What is TrueFace's latest funding round?

    TrueFace's latest funding round is Acquired.

  • How much did TrueFace raise?

    TrueFace raised a total of $6.18M.

  • Who are the investors of TrueFace?

    Investors of TrueFace include Pangiam, U.S. Air Force, Paycheck Protection Program, Dcode Accelerate, Lavrock Ventures and 8 more.

  • Who are TrueFace's competitors?

    Competitors of TrueFace include FaceFirst and 7 more.

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