Computer Vision Startup PointGrab Raises $5M

December 15, 2015 | Israeli computer vision startup PointGrab today announced an investment totaling $5 million from Swiss fund ABB Technology Ventures, EcoMachines Ventures in London, and Silicon Valley-based Flex Lab IX. Saar Wilf, PointGrab’s Chairman and first investor, is also participating in this funding round. With this investment, PointGrab will be able to expand further into the $30 billion home and building-automation market. By embedding deep learning technology into optical sensing IoT devices, PointGrab products provide detailed information about activity within buildings to effectively support energy-saving, facility management, occupant comfort and safety, as well as business intelligence.