AI startup Cogniac secured $10 Million

Cogniac, a California-based provider of an enterprise-class Artificial Intelligence image and video analysis platform has now secured $10 million in Series B funding round, reports VentureBeat. Cogniac is founded by Chuck Myers. It utilizes AI technology to build inspection workflows, offering enterprise-class AI based deep learning solutions that automate visual inspection tasks like detecting, measuring, classifying, counting to human-level accuracy and beyond. Chuck Myers, CEO, Cogniac, said, "We are thrilled with our existing and new investors for leading this round and grateful for their support which will enable the business to continue to grow. We're also grateful for our incredible roster of customers who align with our objective of improving visual inspection. Their partnership has reinforced the value of our mission and encouraged our ambition to provide exceptional service and solutions."