#Asia Taiwanese AI and deep learning platform Viscovery bags 10M funding for R&D and expansion - Startup 365

Taiwan-based visual analytics company Viscovery has announced raising 10 million in funding from its lead investor China Development Industrial Bank, in a bid to accelerate the growth of the platform's global video data analytics and contextual advertising solution. GD1 Fund, H&Q Asia Pacific, and iStart (Softbank China's Venture Capital early fund) also participated in this round. The company's Viscovery Discovery Service (VDS) provides video data analysis, search optimisation and other value added services to clients across the region, including those in Taiwan, South Korea and China. The data is then analysed in order to determine the best context. According to the company, clients find this technique more effective in finding video content, instead of just searching through keywords in the title or description.