Investments
68Portfolio Exits
29Partners & Customers
10About ITOCHU Techno-Solutions
ITOCHU Techno-Solutions (CTC) (TYO: 4739) provides advanced IT solutions to enhance enterprise computer systems. CTC supports such market segments as telecommunications, broadcasting, finance, distribution, manufacturing, education/government, medicine, pharmaceutical/chemicals, and textiles/apparel.
ITOCHU Techno-Solutions Headquarters Location
Kasumigaseki Bldg. 3-2-5, Kasumigaseki, Chiyoda-ku
Tokyo, 100-6080,
Japan
+81-3-6203-5000
Latest ITOCHU Techno-Solutions News
Jun 17, 2022
Share CyberLink Corp., a pioneer of AI and facial recognition technologies, has collaborated with ITOCHU Techno-Solutions to integrate with its AI facial recognition engine, FaceMe. As a FaceMe partner, ITOCHU Techno-Solutions used FaceMe to develop a new version of its “Vehicle Inspection Information System” for adoption by Toyota Motor Corporation to improve vehicle quality management. The Vehicle Inspection Information System is a quality management system for reviewing the inspection results of finished vehicles. FaceMe provides high-speed and precise facial recognition to ensure that only certified inspectors can inspect finished vehicles. Its touchless facial authentication and high accuracy also improve work productivity. Moreover, its ability to perform facial authentication without inspectors needing to remove their hats and masks helps prevent infectious diseases. Why should I adopt FaceMe? To prevent the spread of COVID-19, users should authenticate their faces while wearing masks. Adopting FaceMe is an excellent choice due to its ability to perform facial recognition while users wear masks and because of its outstanding market recognition. “Due to recent COVID-19 infections, our workers must wear masks all the time,” said Mr. Imato, Assistant Manager of Toyota Motor Corporation. “We’ve adopted FaceMe because of its outstanding performance, specifically in face matching when performing facial recognition on mask-wearers. It allows us to improve productivity and concentrate on the inspection work itself. Moreover, CyberLink has also supported us in eliminating environmental problems usually encountered with facial recognition, such as bright factory lighting and dimly lit car interiors.” Related Posts “We are honored that ITOCHU Techno-Solutions has integrated our FaceMe facial recognition SDK in its Vehicle Inspection Information System, and Toyota Motor Corporation, whose top quality represents Japanese manufacturing worldwide, has chosen this system,” said Dr. Jau Huang , CEO of CyberLink Corp. “FaceMe brings world-class accuracy and anti-spoofing technology to ITOCHU’s system, making Toyota Motor Corporation’s quality control processes more convenient and productive. It has also helped prevent infectious diseases while creating a market for smart factories.” “Using deep neural network AI technology, FaceMe is an attractive product due to its quick speed and high accuracy in facial recognition,” said Mr. Matsunaga, Division Manager of ITOCHU Techno-Solutions Co., Ltd. “Our customers have spoken highly of FaceMe, so we are delighted to be able to integrate it with our systems. CyberLink’s support during the verification process was also helpful. We plan to extend our services to other factories in the future, so we appreciate their continued support.” ITOCHU Techno-Solutions Co., Ltd. (“CTC”) is a comprehensive IT services partner. Providing consulting, design, development/construction, and operational/maintenance support services, CTC combines advanced IT solutions and cloud services to solve customer problems. CTC provides the best services in telecommunications, broadcasting, manufacturing, finance, distribution/retail, fields of public interest, life sciences, and science and engineering.
ITOCHU Techno-Solutions Investments
68 Investments
ITOCHU Techno-Solutions has made 68 investments. Their latest investment was in Frontier Field as part of their Series B on June 6, 2022.
ITOCHU Techno-Solutions Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/8/2022 | Series B | Frontier Field | Yes | 3 | ||
2/1/2022 | Corporate Minority | GH Integration | Yes | 2 | ||
11/10/2021 | Corporate Minority - P2P | Goodpatch | Yes | 1 | ||
10/28/2020 | Series C | |||||
5/31/2019 | Corporate Minority |
Date | 6/8/2022 | 2/1/2022 | 11/10/2021 | 10/28/2020 | 5/31/2019 |
---|---|---|---|---|---|
Round | Series B | Corporate Minority | Corporate Minority - P2P | Series C | Corporate Minority |
Company | Frontier Field | GH Integration | Goodpatch | ||
Amount | |||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 2 | 1 |
ITOCHU Techno-Solutions Portfolio Exits
29 Portfolio Exits
ITOCHU Techno-Solutions has 29 portfolio exits. Their latest portfolio exit was Bivio Networks on June 11, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
6/11/2021 | Acquired | 5 | |||
8/19/2020 | Asset Sale | 1 | |||
4/2/2019 | Acquired - II | 2 | |||
Date | 6/11/2021 | 8/19/2020 | 4/2/2019 | ||
---|---|---|---|---|---|
Exit | Acquired | Asset Sale | Acquired - II | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 | 1 | 2 |
ITOCHU Techno-Solutions Acquisitions
2 Acquisitions
ITOCHU Techno-Solutions acquired 2 companies. Their latest acquisition was Compnet on July 31, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/31/2019 | Acquired | 1 | ||||
7/31/2019 |
Date | 7/31/2019 | 7/31/2019 |
---|---|---|
Investment Stage | ||
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired | |
Sources | 1 |
ITOCHU Techno-Solutions Partners & Customers
10 Partners and customers
ITOCHU Techno-Solutions has 10 strategic partners and customers. ITOCHU Techno-Solutions recently partnered with Toyota on June 6, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/16/2022 | Client | Japan | As a FaceMe partner , ITOCHU Techno-Solutions used FaceMe to develop a new version of its `` Vehicle Inspection Information System '' for adoption by Toyota Motor Corporation to improve vehicle quality management . | 1 | |
6/16/2022 | Client | Japan | As a FaceMe partner , ITOCHU Techno-Solutions used FaceMe to develop a new version of its `` Vehicle Inspection Information System '' for adoption by Toyota Motor Corporation to improve vehicle quality management . | 2 | |
1/18/2022 | Licensor | Israel | RA'ANANA , Israel , Jan. 18 , 2022 / PRNewswire / -- DriveNets , a leader in cloud-native and disaggregated networking solutions , today announced a strategic partnership with ITOCHU Techno-Solutions Corporation , https://www.epsglobal.com/ a comprehensive services company providing optimum solutions and cloud services to its customers , to help service providers in Japan leverage the cloud architecture to accelerate growth and realize operational efficiencies , by disaggregating their networks and deploying cloud-native solution . | 1 | |
4/1/2019 | Partner | ||||
2/10/2019 | Partner |
Date | 6/16/2022 | 6/16/2022 | 1/18/2022 | 4/1/2019 | 2/10/2019 |
---|---|---|---|---|---|
Type | Client | Client | Licensor | Partner | Partner |
Business Partner | |||||
Country | Japan | Japan | Israel | ||
News Snippet | As a FaceMe partner , ITOCHU Techno-Solutions used FaceMe to develop a new version of its `` Vehicle Inspection Information System '' for adoption by Toyota Motor Corporation to improve vehicle quality management . | As a FaceMe partner , ITOCHU Techno-Solutions used FaceMe to develop a new version of its `` Vehicle Inspection Information System '' for adoption by Toyota Motor Corporation to improve vehicle quality management . | RA'ANANA , Israel , Jan. 18 , 2022 / PRNewswire / -- DriveNets , a leader in cloud-native and disaggregated networking solutions , today announced a strategic partnership with ITOCHU Techno-Solutions Corporation , https://www.epsglobal.com/ a comprehensive services company providing optimum solutions and cloud services to its customers , to help service providers in Japan leverage the cloud architecture to accelerate growth and realize operational efficiencies , by disaggregating their networks and deploying cloud-native solution . | ||
Sources | 1 | 2 | 1 |
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