Welcome!

News Feed Item

Emotient™ Announces Series B Financing of $6M

Financing Led by Prominent Silicon Valley VC Seth Neiman's Private Investment Consortium; Intel Capital Provides Institutional Investment

SAN DIEGO, March 6, 2014 /PRNewswire/ -- Emotient, the leading authority in facial expression recognition, today announced that it has closed a $6 million Series B round of financing. The funding was led by Handbag, LLC, a new wave venture capital firm, created by noted Silicon Valley investor and former Crosspoint general partner Seth Neiman. Intel Capital, Emotient's first institutional investor, also participated in the financing round, which closed in December 2013. To date, Emotient has raised $8 million, including its current financing and an initial incubation financing in 2012. 

The funds will be used to broadly commercialize the company's core emotion recognition system via the Emotient API and to further develop products for specific markets, including retail and healthcare.

CLICK TO TWEET: @EmotientInc closes $6M #venturecapital round for #emotionawaresoftware http://emotient.com/blog

Commentary:

  • "Emotient is leading a new era of emotion awareness - capable of supporting applications and services that understand and respond to your emotions, track and report level of sentiment, interest and engagement in real-time," said Ken Denman, CEO, Emotient.  "We are focusing initially on the retail market to deliver a real-time, aggregate view of customer sentiment – a powerful measure designed to help retailers and brands increase sales.  All good business leaders know "you get what you measure," and being able to objectively and accurately monitor customer sentiment allows retail teams to build plans and tactics to win.  Further, the ability to measure real-time customer sentiment, as it relates to customer service, products and merchandising is a huge opportunity for businesses to drive focus and therefore sales."
  • "Emotient's co-founders are the pioneers of automated facial expression analysis with an unrivaled technical approach to delivering real-time emotion recognition for real world applications," said Seth Neiman, lead investor and board member, Emotient. " As natural user interfaces evolve, we believe the next phase will extend from physiology to psychology."

Neiman's investing group, which provides institutional investments without the institution, is composed of VCs and CEOs who helped create much of the technology used to build Internet and data center infrastructures.

Industry Leading Software
Emotient's technology is commercially proven and mature in the automation of facial expression recognition. The technology sets the industry standard for real-time, high accuracy emotion detection, with the ability to detect single-frame microexpressions of emotions.

Key Advantages of Emotient

  • Emotient detects and tracks seven expressions of primary emotion (joy, surprise, sadness, anger, fear  disgust and contempt); overall sentiments (positive, negative, and neutral); advanced emotions (frustration and confusion); and 19 Facial Action Units (elementary facial muscle movements).
  • Emotient's technology was developed using machine-learning methods to high-volume datasets that are carefully constructed by a renowned team of Facial Action Coding System (FACS) certified behavioral scientists.

Founding Team
CEO Ken Denman leads the Emotient team with over 25 years of executive and entrepreneurial experience as CEO of several startups and public companies. The Emotient technical team brings 20+ years of experience pioneering machine learning and computer vision technology for facial behavior analysis. The team includes six PhDs, led by Marian Bartlett, PhD., Javier Movellan PhD., Ian Fasel, PhD., Gwen Littlewort, PhD., Joshua Susskind, PhD. and Jacob Whitehill, PhD. The team has published hundreds of peer reviewed scientific publications, first published in 1995, which have been cited by thousands of other researchers in the field.  The Advisory Board includes Terry Sejnowski, Ph.D. and Paul Ekman, Ph.D., two of the most prominent leaders in machine learning and behavioral science, respectively.

About Emotient – Facial Expression Recognition System (www.emotient.com)
Emotient is the leading authority in facial expression analysis. Emotient's software translates facial expressions into actionable information, thereby enabling companies to develop emotion aware technologies and to create new levels of customer engagement, research, and analysis. For more information on Emotient, please visit www.emotient.com.

SOURCE Emotient

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.