Xrvision

Founded in 2015 by Guy Ron and Yaacov Apelbaum, Xrvision is a technology firm specializing in IoT-based video analytics solutions. Initially established in Singapore, the company is now headquartered in New York City and has secured funding from investors including Boundary Holding, the National University of Singapore, and TNF Ventures. The founders brought extensive experience to the venture, having previously held senior positions at major technology corporations such as Microsoft, Intel, and Avaya. CEO Guy Ron, in particular, has a deep background in homeland and cyber security, developed through roles at Microsoft and his service with the Israeli Defense Forces. This expertise is foundational to Xrvision's mission.

The company's core business revolves around providing sophisticated security solutions to governments and enterprises. Xrvision has developed AI-based computer vision technology designed to perform effectively in challenging conditions, such as uncontrolled, crowded, and in-motion environments. Its primary product is a video analytics platform that utilizes facial recognition to identify threats and enhance safety. This system is engineered for scalability and can be deployed across a range of form factors, including small unmanned aerial systems, wearable devices, mobile IoT units, and high-performance centralized servers. The platform's capabilities extend beyond security to include the collection and analysis of environmental data for broader insights. Revenue is generated through the sale and implementation of these security and data analysis solutions.

Xrvision's technology addresses significant security challenges by enabling real-time monitoring and analysis of large volumes of assets and people. The intelligent video analytics portfolio includes over 40 out-of-the-box functions and numerous industry-specific analytics for sectors like Homeland Security, Smart Cities, transportation, logistics, manufacturing, and retail. The firm has established a client base in several countries, including Singapore, Taiwan, Israel, the US, the UK, and Thailand. The company's first funding round occurred in September 2018, followed by a Series A round in October 2022, indicating continued investor confidence in its growth trajectory.

Keywords: video analytics, facial recognition, computer vision, IoT security, public safety, homeland security, smart city technology, AI security, video surveillance, security solutions, asset tracking, crowd analytics, in-motion video analysis, enterprise security, government security, situational awareness, real-time monitoring, security technology, intelligent video analytics, threat detection