Valossa has agreed a distribution partnership with Images & Technologie for the Canadian market, which aims to provide local media corporations access to cutting edge AI solutions. Until now, Valossa has not had a distributor in that market so the team is very much looking forward to connecting with new customers. "We are very happy to partner with Images and Technologie. They have strong expertise and connections. The collaboration will benefit Canadian customers significantly." says Sami Niska, Chief Sales Officer, Valossa.

While Mongolia may be most sparsely populated independent country in the world, in the European Union that claim goes to Finland. With just 5.5 million people (that's about the same population as Houston and Chicago put together, just without that whole deadly crime thing) Finland has many claims to fame. She is a country of great natural beauty that has influenced generations of minimalist industrial designers. More importantly though, the country follows the Nordic model of capitalism and has thus became one of the few working examples of a progressive, socially sensitive state with superb welfare, education, and healthcare services. It's no surprise then that the country's liberal administration is keen to explore the possibilities offered by artificial intelligence.

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.