San Jose, CA – According to filings with the U.S. Securities and Exchange Commission, Cogniac is raising $29,999,991.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Chuck Myers 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 Cogniac
A global leader in AI-powered image and video analysis, Cogniac enables extraction of specific and actionable intelligence from visual data. Cogniacs no-code, enterprise-class computer vision platform – implementing the latest in deep neural network technology under the hood – is deployed across a wide spectrum of industries and applications, to maximize performance of visual tasks. Cogniacs vision is to redefine human performance, productivity and efficiency by maximizing the value of visual data.
Cogniac combines the latest AI models, based on convolutional neural networks, cloud computing and big data management to create a Visual Operations Intelligence Platform that delivers transformative enterprise machine vision solutions.

To learn more about Cogniac, visit http://www.cogniac.co/

Contact:
Chuck Myers, President and Chief Executive Officer
408-621-0113
https://www.linkedin.com/in/chuck-myers1/

SOURCE: http://www.intelligence360.io
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