HyperVerge is a technology company with expertise in deep Learning and computer vision. It’s recent application, Silver, not only stores and retrieves data but also helps users automatically organize their photos across all devices and services. According to the founders, the company is developing the highest accuracy classifiers for image recognition, competing with giants such as Google and Facebook.
The company has raised a seed round from New Enterprise Associates (NEA), Milliways Ventures (Anand Rajaram and Venky Hariharayan), Naya Ventures (Dayakar Puskoor, Dallas) and Srikanth Sunderarajan. Hyperverge is advised by Ramesh Raskar of MIT Media Labs and G Venkat, ex worldwide head of cloud and big data for Infosys.
In the next decade, it aims to make a dent in the space of virtual and augmented reality and photo organisation.
The company has placed a big bet on processing visual data on the cloud instead of doing the same on device.
HyperVerge’s app, Silver, has the potential to revolutionize photo storage, in a way Flickr did a few years back.