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vocord.ru

Founded Year

1999

Stage

Acquired | Acquired

Valuation

$0000 

About Vocord

Vocord has developed and produced security systems for private and public sector use based on technologies including computer vision and intelligent video processing algorithms, with products in areas including video analysis and surveillance, video enhancement and authentication, license plate recognition, audio recording and facial recognition.

Vocord Headquarter Location

Office 22, Building 100, Novaya St. v. Skolkovo, Odintsovsky District

Moscow, 143026,

Russian Federation

+7 (495) 787 26 26

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Expert Collections containing Vocord

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

Vocord is included in 2 Expert Collections, including Artificial Intelligence.

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.

C

Cybersecurity

4,895 items

Latest Vocord News

Huawei acquires Russian face recognition technology

Jun 10, 2019

Chinese electronics manufacturer Huawei has acquired the face recognition technology of Russian startup  Vocord , with patents and equipment and hiring most of the related team, as reported by business daily Vedomosti. According to the official  company register , the deal took place on May 17 when Huawei subsidiaries fully acquired Moscow-based Eagle Softlab. Earlier this year, Eagle Softlab, which was founded in December 2018, purchased from its sister company Vocord Softlab the patents and equipment related to Vocord’s breakthrough video surveillance and face recognition technology. Most of the team who worked on the Vocord face recognition algorithm at Vocord Softlab agreed to move to Eagle Softlab. The financial terms of the deal were not disclosed, but experts  believe Huawei priced Vocord at $40-$50 million. In January, experts estimated Vocord’s value at $20-$30 million. Launched in 1999, Vocord is a supplier of the Russian ministry of interior, banks, retailer networks, and stadiums. In 2016, Vocord’s face recognition algorithm was  named the best in the world. At that time, Vocord, whose algorithm is inspired by deep neural networks, was able to correctly identify 75.127% of the faces amid 1 million distractors, the best result in the competition held by MegaFace. However, in the latest  MegaFace ranking , Vocord’s deepVo V3 algorithm only ranks 18th. Share this:

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