The investment will help Valossa expand its product team and its global sales and marketing of it artificial intelligence (AI) video products. According to the Cisco Global Video Index, by 2021, 82% of all consumer Internet traffic will be video. Valossa recently released its first commercial product, Valossa AI, as a cloud service that detects and identifies people, visual and audio context, spoken topics, themed video categories and explicit content from large volumes of video data. Valossa AI analyses videos at a high speed and produces detailed descriptions for every second of the video. The Core recognition engine is available on a customer's premises, as an API or as a software-as-a-service (SaaS) platform.