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$20.0m

Series B
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More about Cogniac
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Cogniac provides a visual operations intelligence platform that leverages artificial intelligence to analyze image and video data for enterprise clients. The company was founded in late 2015 by Bill Kish and Amy Wang and is headquartered in San Jose, California. Kish, a serial entrepreneur, previously founded Ruckus Wireless, a global Wi-Fi vendor. His experience simplifying complex technologies like Wi-Fi influenced his approach to making computer vision more accessible for industrial applications. Wang, who holds a Ph.D. from Columbia University and has a background in engineering and machine learning, previously worked with Kish at Ruckus Wireless. Their collaboration aims to simplify deep learning technology for real-world applications.

The company operates on a software-as-a-service (SaaS) model, offering a no-code platform that allows subject matter experts without a background in data science to build and deploy computer vision models. This platform is designed to automate visual inspection tasks such as detecting, classifying, counting, and measuring, often exceeding human-level accuracy within weeks of deployment. The system is camera-agnostic, capable of processing data from various sources including still, video, infrared, and thermal images. It can be deployed in the cloud, on-premises, or in a hybrid model, providing flexibility for different operational environments. Cogniac's technology is notable for its use of hyper-parameter optimization, which identifies and deploys the best AI models in real-time to accelerate implementation and drive continuous improvement.

Cogniac serves a diverse range of industries, including manufacturing, automotive, railway, logistics, packaging, and government. Its client roster includes prominent names like National Grid, Ford, BNSF Railway, Doosan Bobcat, and Georgia-Pacific. The platform helps these clients with quality control, safety monitoring, asset management, and improving overall operational efficiency by turning visual data into actionable intelligence. For instance, in the railway industry, the platform monitors millions of train wheels and thousands of miles of track in real-time each month. The company has formed strategic partnerships with companies like Cisco Meraki and SAP to integrate its computer vision capabilities into existing enterprise systems, such as SAP's Digital Manufacturing solution. Since its inception, Cogniac has raised $45.8 million over six funding rounds, with its latest Series B round in October 2021 raising $20 million, led by National Grid Partners.

Keywords: computer vision, artificial intelligence, visual data analysis, no-code AI platform, deep learning, visual inspection, quality control, asset management, operational intelligence, manufacturing automation, railway inspection, automotive manufacturing, logistics optimization, safety monitoring, SaaS, enterprise software, industrial AI, Bill Kish, Amy Wang, National Grid Partners

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