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cortica.com

Founded Year

2007

Stage

Series C | Alive

Total Raised

$37.4M

Last Raised

$20M | 8 yrs ago

About Cortica

Cortica develops the Image2Text technology to automatically extract the core concepts in images and video, and map these concepts to keywords and textual taxonomies. Cortica's product reads and automatically associates images with relevant ads. This model gives publishers a completely new monetization stream and provides brands and marketers the opportunity to reach highly targeted mass audiences.

Cortica Headquarter Location

Moshe Aviv Tower Jabotinsky 7, 43rd Floor

Ramat Gan, 52520,

Israel

972-3-540-3293

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Expert Collections containing Cortica

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

Cortica is included in 2 Expert Collections, including Auto & Mobility Tech.

A

Auto & Mobility Tech

1,327 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

A

Artificial Intelligence

8,694 items

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

Cortica Patents

Cortica has filed 191 patents.

The 3 most popular patent topics include:

  • Social networking services
  • Container formats
  • Multimedia
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/12/2019

3/15/2022

Molecular biology, Object recognition and categorization, Image processing, Automotive accessories, Feature detection (computer vision)

Grant

Application Date

12/12/2019

Grant Date

3/15/2022

Title

Related Topics

Molecular biology, Object recognition and categorization, Image processing, Automotive accessories, Feature detection (computer vision)

Status

Grant

Latest Cortica News

AI developer Cortica and Johnson Electric launch $8.5 million autonomous inspection startup

Nov 14, 2021

AI developer Cortica and Johnson Electric launch $8.5 million autonomous inspection startup The new venture, named Lean AI, will leverage JE’s knowledge and experience in manufacturing processes and Cortica’s autonomous AI technology CTech 08:5114.11.21 Israeli autonomous AI developer Cortica has announced an $8.5 million joint venture with Hong Kong-headquartered Johnson Electric Group to build an autonomous inspection system aimed at upgrading the quality inspection market. The new venture, named Lean AI, will leverage Johnson Electric’s knowledge and experience in manufacturing processes and Cortica’s autonomous AI technology. Supervised Deep Learning-based quality assurance systems can currently take weeks, up to months, to deploy. The existing systems are reliant on a data scientist or AI experts and require large manually tagged training sets with thousands of defect image examples. Lean AI’s technology overcomes those challenges thanks to unsupervised learning, processing information within a fraction of a second, while utilizing unlabeled data, applying predictive quality assurance, and compiling data that increases the speed of deployment and scaling. As an open platform agnostic to camera, defect type and product, Lean AI can collaborate with any integrators, OEMs, and manufacturers of automation solutions. “With the power of Cortica’s Autonomous AI technology, and JE’s vast knowledge of the market, Lean AI will deliver a product that reduces the cost of human error when it comes to quality inspection in manufacturing and address the vulnerabilities in the current market,” said Karina Odinaev, CEO of Lean AI and co-founder and CEO of Cortica. The global machine vision market is currently valued at $11 billion and is forecast to increase to $15.5 billion by 2026. “Johnson Electric’s deep experience in a wide range of manufacturing processes offers a unique platform for developing this technology for commercial use," said Austin Wang, Senior Vice President of Johnson Electric. "The joint venture is also opening a new avenue for Johnson Electric to develop and market software offerings. It is therefore both a technological as well as business model innovation for us. There are also opportunities to apply the technology in predictive quality and expert systems as well. This is the second investment of Johnson Electric in Israeli technology and we will continue to assess such relevant opportunities.” Related articles:

Cortica Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Cortica Rank

  • When was Cortica founded?

    Cortica was founded in 2007.

  • Where is Cortica's headquarters?

    Cortica's headquarters is located at Moshe Aviv Tower, Ramat Gan.

  • What is Cortica's latest funding round?

    Cortica's latest funding round is Series C.

  • How much did Cortica raise?

    Cortica raised a total of $37.4M.

  • Who are the investors of Cortica?

    Investors of Cortica include Horizons Ventures, VK, BlackPine Private Equity Partners and Ynon Kreiz.

  • Who are Cortica's competitors?

    Competitors of Cortica include Kooaba and 2 more.

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