User:Vipul/Cortica

Cortica is a Israel-based company using machine learning techniques (particularly deep learning) to improve image recognition and analysis in order to show better advertisements alongside videos.

History
Cortica raised $7 million in its Series A funding round, announced in August 2012. Investors included Horizons Ventures (the investment firm of Hong Kong billionaire Li Ka-Shing), and Ynon Kreiz, the former chairman and CEO of the Endemol Group. Kreiz would also be joining Cortica as Chairman.

In May 2013, it was announced that Cortica had raised $1.5 million from Russian firm Mail.ru Group. It later transpired that this was a part of Cortica's Series B funding round for $6.4 million, announced in June 2013. The round was led by Horizons Ventures, with participation from the Russian firm Mail.ru Group and other angel investors.

Media coverage
GigaOm listed Cortica as one of the top deep learning startups in a November 2013 article surveying the field.