San Carlos, CA – According to filings with the U.S. Securities and Exchange Commission, Vcognition Technologies dba Zippin is raising $29,999,925.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Krishna Motukuri played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Vcognition Technologies dba Zippin
Zippin has developed the next generation of checkout-free technology enabling retailers to quickly deploy frictionless shopping in their stores. Our patent-pending approach uses AI, machine learning and sensor fusion technology to create the best consumer experience: banishing checkout lines and self-scanners for good, and letting shoppers zip in and out with their purchases. Zippins platform uses product and shopper tracking through overhead cameras as well as smart shelf sensors for the highest level of accuracy even among crowded stores. Founded by industry veterans from Amazon and SRI with deep backgrounds in retail technology, AI and computer vision, Zippin is headquartered in San Francisco and backed by Maven Ventures and Core Ventures Group. .

To learn more about Vcognition Technologies dba Zippin, visit http://www.getzippin.com/

Contact:
Krishna Motukuri, Chief Executive Officer
415-234-0789
krishna@getzippin.com
https://www.linkedin.com/in/krishnamotukuri/

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