According to Startup Nation Central, a database for Israeli tech companies, the Tel Aviv-based firm had raised $1 million prior to the acquisition and employs up to 10 people. An email sent to the company requesting comment was not immediately replied. The company has sales in China, Israel, Europe, and the US, according to the data firm. RealFace's first product, the Pickeez app, created a new way to enjoy photos, with its recognition software automatically choosing the user's best photos from every platform they're on. Besides RealFace, Apple has acquired three other Israeli companies to date.
On the heels of recent rumors that the upcoming iPhone will have a means of biometric authentication (other than fingerprint scanning) comes the news that Apple has acquired RealFace, an Israeli tech firm specializing in facial recognition. The report comes from Israeli site Calcalist (via MacRumors) which claims Apple bought the Tel Aviv-based company for "several million dollars." SEE ALSO: Apple's BeatsX earphones are now available online Some users may know RealFace from its app Pickeez, which automated the process of choosing the best photos from a bunch. At the time of writing, however, the app appears to be defunct, and RealFace's own website is offline as well. The acquisition may turn into an app or a feature down the line, but it's unlikely to be significant for the upcoming iPhone this late in the game.
While Samsung debuted the now defunct Galaxy Note 7 with an iris scanner, Apple is skipping the eye-scanning technology for a more advanced biometrics security feature with its next-generation iPhone. Late last week, we reported about a 3D laser scanner that's predicted to be one of the standout features of the 10th anniversary iPhone. This week, there's now another reason to believe that the iPhone 8 could indeed come with the rumored 3D scanner. Just this past Sunday, The Times of Israel reported that a Tel Aviv, Israel-based cybertechnology startup was acquired by U.S. giant Apple Inc. The publication learned that the Israeli company, named RealFace, was established in 2014, and it is known for developing an advanced facial recognition software that provides a smart biometric login solution.
In a bid to boost its prospects in the world of artificial intelligence (AI), Apple has acquired Israel-based startup RealFace that develops deep learning-based face authentication technology, media reported on Monday. Reported by Calcalist, the acquisition is to be worth roughly $2 million (roughly Rs. 13.39 crores). A Times of Israel report cites Startup Nation Central to note RealFace had raised $1 million in funding thus far, employed about 10 people, and had sales operations China, Europe, Israel, and the US. Set up in 2014 by Adi Eckhouse Barzilai and Aviv Mader, RealFace has developed a facial recognition software that offers users a smart biometric login, aiming to make passwords redundant when accessing mobile devices or PCs. The firm's first app - Pickeez - selects the best photos from the user's album.
In order to take its security and Artificial Intelligence benefits a step higher, Apple allegedly has acquired Israeli cyber security firm RealFace that specializes in facial recognition innovation. As per the details provided by report released by Times of Israel the startup was established in 2014, was taken over by Apple for an expected sum of $2 million. This acquisition had added fuel to the current rumors about the fact that iPhone's next model may accompany facial authentication innovation. RealFace has built up a special facial recognition innovation that incorporates artificial intelligence and "brings back human perception to digital processes".The organization has goals of making profound learning-controlled biometric logins standard and passwords redundant while opening your cell phone or PC. The Israeli startup likewise built up a now-old application called Pickeez, which chose and examined a client's best photographs crosswise over different stages utilizing the RealFace acknowledgment programming.